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    Lowe's Companies Inc (LOW)

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    Lowe's Companies, Inc. is a leading home improvement retailer operating 1,746 stores in the United States as of February 2, 2024, focusing on providing a comprehensive range of products and services for both professional customers and individual homeowners . The company offers a wide array of products across several categories, including Appliances, Seasonal & Outdoor Living, Lumber, Lawn & Garden, Kitchens & Bath, Hardware, Building Materials, Millwork, Paint, Rough Plumbing, Tools, Electrical, Flooring, and Décor . Lowe's emphasizes its Total Home strategy, aiming to provide a one-stop solution for home improvement needs, catering to both DIY and professional customers .

    1. Home Décor - Offers a variety of products including Appliances, Décor, Flooring, Kitchens & Bath, and Paint, catering to aesthetic and functional home improvement needs.
    2. Building Products - Provides essential materials such as Lumber, Building Materials, and Millwork for construction and renovation projects.
    3. Hardlines - Supplies Tools, Hardware, Electrical, and Rough Plumbing products for both professional and DIY projects.
    4. Seasonal & Outdoor Living - Features products for outdoor spaces, including Lawn & Garden equipment and seasonal items to enhance outdoor living areas.
    NamePositionExternal RolesShort Bio

    Marvin R. Ellison

    ExecutiveBoard

    Chairman, President, and CEO

    Board member at FedEx Corporation

    Marvin R. Ellison has been with Lowe's since July 2018, serving as CEO and later as Chairman. He previously held leadership roles at J.C. Penney and The Home Depot.

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    Brandon J. Sink

    Executive

    Executive Vice President and CFO

    None

    Brandon J. Sink became CFO in April 2022, having previously served in various finance roles at Lowe's.

    Janice M. Dupré

    Executive

    Executive Vice President, Human Resources

    None

    Janice M. Dupré joined Lowe's in June 2020, with prior experience at McKesson Corporation.

    Joseph M. McFarland III

    Executive

    Executive Vice President, Stores

    None

    Joseph M. McFarland III has been with Lowe's since August 2018, previously holding executive roles at J.C. Penney and The Home Depot.

    Juliette W. Pryor

    Executive

    Executive Vice President, Chief Legal Officer and Corporate Secretary

    None

    Juliette W. Pryor joined Lowe's in May 2023, with previous roles at Albertsons and Cox Enterprises.

    Margrethe R. Vagell

    Executive

    Executive Vice President, Supply Chain

    None

    Margrethe R. Vagell has been with Lowe's since October 2014, leading supply chain modernization efforts.

    Quonta D. Vance

    Executive

    Executive Vice President, Pro and Home Services

    None

    Quonta D. Vance joined Lowe's in June 2023, focusing on Pro customer base expansion.

    Seemantini Godbole

    Executive

    Executive Vice President, Chief Digital and Information Officer

    None

    Seemantini Godbole has been with Lowe's since November 2018, recognized for leading digital transformation efforts.

    William P. Boltz

    Executive

    Executive Vice President, Merchandising

    None

    William P. Boltz joined Lowe's in August 2018, previously serving as CEO of Chervon North America and holding senior roles at The Home Depot.

    Bertram L. Scott

    Board

    Director

    Director at Becton, Dickinson and Company, Dollar Tree, Equitable Holdings

    Bertram L. Scott has been a director since 2015, with expertise in strategy and sales.

    Brian C. Rogers

    Board

    Director

    Director at Raytheon Technologies

    Brian C. Rogers has been a director since 2018, with a background in investment management.

    Colleen Taylor

    Board

    Director

    President, U.S. Merchant Services at American Express

    Colleen Taylor joined the Lowe's Board in 2022, with experience in financial services and payments.

    David H. Batchelder

    Board

    Director

    None

    David H. Batchelder has been a director since 2018, bringing financial management and M&A expertise.

    Laurie Z. Douglas

    Board

    Director

    Senior VP, CIO, and Chief Digital Officer at Publix

    Laurie Z. Douglas has been a director since 2015, contributing expertise in technology and cybersecurity.

    Mary Beth West

    Board

    Director

    Director at Albertsons and Hasbro

    Mary Beth West has been a director since 2021, with a strong background in marketing and brand building.

    Raul Alvarez

    Board

    Director

    Operating Partner at Advent International; Director at Eli Lilly, First Watch, and Traeger

    Raul Alvarez has been a director since 2010, with extensive experience in retail and private equity.

    Richard W. Dreiling

    Board

    Lead Independent Director

    CEO of Dollar Tree

    Richard W. Dreiling has been with Lowe's since 2012, providing retail industry insights.

    Sandra B. Cochran

    Board

    Director

    Director at Signet Jewelers

    Sandra B. Cochran has been a director since 2016, with over 30 years of retail experience.

    Scott H. Baxter

    Board

    Director

    President, CEO, and Chair of Kontoor Brands

    Scott H. Baxter joined the Lowe's Board in 2022, with a background in retail and brand management.

    1. Given the continued softness in DIY discretionary demand, particularly in big-ticket categories, what specific strategies are you implementing to stimulate DIY sales and mitigate the impact on overall comparable sales?

    2. Unfavorable weather has pressured traditional spring seasonal categories; how are you adjusting your inventory and merchandising strategies to better align with consumer demand and reduce the risk of excess inventory in these areas?

    3. With major e-commerce players enhancing delivery times in rural markets, how do you plan to address potential competitive pressures from faster delivery options, especially in rural areas where you've been testing unique initiatives?

    4. While you've delivered positive comps in Pro, the DIY segment appears to be underperforming; what measures are you taking to improve DIY performance and ensure you are not losing market share in this key segment?

    5. Considering the current interest rate environment and its dampening effect on big-ticket discretionary projects, how are you planning to navigate these macroeconomic challenges, and what contingencies are in place if the anticipated recovery in DIY demand is delayed?

    Program DetailsProgram 1
    Approval DateDecember 7, 2022
    End Date/DurationN/A
    Total additional amount$15.0 billion
    Remaining authorization amount$12.2 billion
    DetailsThe program allows for share repurchases in the open market or through private transactions. Shares repurchased are retired and returned to authorized and unissued status. The timing and amount of repurchases depend on market conditions and other factors.

    Competitors mentioned in the company's latest 10K filing.

    CompanyDescription

    A major entity in the home improvement business with significant annual sales and retail locations or distribution facilities in the U.S., competing in providing goods and services within the home improvement sector through various channels, including electronic means.

    Sears Holdings, Inc. or Transform Holdco LLC

    Engages in the home improvement business with substantial annual sales and operations in the U.S., offering products and services to customers through retail and electronic channels.

    Operates in the home improvement business with significant annual sales, providing goods and services to customers in the U.S. through retail and electronic means.

    Menard, Inc.

    A competitor in the home improvement business with considerable annual sales and operations in the U.S., offering products and services through various channels.

    Competes in the home improvement business by providing goods and services to customers in the U.S. through electronic means, leveraging its extensive e-commerce platform.

    Ace Hardware Corp.

    A significant player in the home improvement business with substantial annual sales, operating retail locations and providing goods and services in the U.S.

    Lumber Liquidators Holdings, Inc.

    Engages in the home improvement business with notable annual sales, offering products and services to customers in the U.S. through retail and electronic channels.

    Operates in the home improvement business with significant annual sales, providing goods and services to customers in the U.S. through various channels.

    Competes in the home improvement business by offering goods and services to customers in the U.S. through electronic means, focusing on e-commerce.

    A competitor in the home improvement business with substantial annual sales, providing goods and services to customers in the U.S. through retail and electronic channels.

    HD Supply Holding, Inc.

    Engages in the home improvement business with significant annual sales, offering products and services to customers in the U.S. through various channels.

    A competitor in the home improvement business with notable annual sales, providing goods and services to customers in the U.S. through retail and electronic means.

    True Value Company

    Operates in the home improvement business with substantial annual sales, offering products and services to customers in the U.S. through various channels.

    NameStart DateEnd DateReason for Change
    Deloitte & Touche LLP1962 PresentCurrent auditor

    Recent developments and announcements about LOW.

    Earnings

    • New Earnings (Q4 2025)

      ·
      Feb 27, 2025, 5:13 AM

      Lowe’s Q4 beat expectations on top and bottom lines, marking its first EPS growth in years and positive comps. Appliances drove solid share gains—70%+ fueled by duress purchases—and a best-in-class next-day delivery model. Tariff uncertainty looms, but sales guidance remains stable.

      View full earnings summary →