Welcome to our dedicated page for Lowes Companies news (Ticker: LOW), a resource for investors and traders seeking the latest updates and insights on Lowes Companies stock.
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company in the home centers industry, serving approximately 16 million customer transactions a week and operating over 1,700 home improvement stores, 530 branches and 130 distribution centers. The Lowe’s news feed on Stock Titan aggregates company announcements, partnerships, financial updates and community initiatives drawn from official releases and regulatory disclosures.
Investors and followers of LOW can use this page to review news about earnings results, capital markets activity, acquisitions and strategic partnerships. Recent company communications include quarterly earnings releases that discuss sales performance, comparable sales trends, online sales growth, home services activity and Pro customer growth, as well as updates to full-year outlooks. Lowe’s also announces participation in investor conferences and schedules for earnings conference calls and webcasts, which are relevant for those tracking management commentary and guidance.
Beyond financial news, Lowe’s issues releases on marketing campaigns, brand collaborations and community projects. Examples include the “Earn Your Sunday” campaign with the National Football League, seasonal holiday promotions with loyalty program perks, and a partnership with Cinemark on a National Popcorn Day “Bring Your Own Bucket” event featuring the iconic blue Lowe’s 5-gallon bucket. The company also highlights community-focused efforts such as the Freedom Hill veterans and first responder community in Mooresville, developed with Building Homes for Heroes and the Town of Mooresville.
This news page provides a centralized view of these developments, helping readers understand how Lowe’s pursues its Total Home strategy, engages Pro and consumer customers, and supports communities. For ongoing research on LOW, users can return regularly to see newly posted press releases and related coverage as they become available.
Lowe's Companies has named Anatolia Tile & Stone, Chervon, and Larson as its 2021 Vendor Partners of the Year, recognizing their exceptional products and services. Additionally, Hampton Lumber received the Sustainability Award for its commitment to responsible wood sourcing. Over the past two years, Lowe's has contributed over $200 million to various community initiatives. The company highlighted other divisional winners across its merchandising categories, showcasing its partnerships that have adapted to evolving business demands amidst challenging times.
Lowe's Companies, Inc. (NYSE: LOW) announced that David M. Denton, Chief Financial Officer, will participate in a virtual fireside chat hosted by Guggenheim Securities. This event is scheduled for October 14, 2021, at 10:00 a.m. ET. Interested parties can listen to the live audio webcast by visiting Lowe's Investor Relations. The archived webcast will be available for one year after the event. Lowe's serves around 20 million customers weekly and reported nearly $90 billion in sales for fiscal year 2020.
Lowe's is excited to announce its first-ever "Hal-LOWE-en" Trick-or-Treat Tryouts on October 21 from 5-7 p.m., allowing families to celebrate Halloween safely post-pandemic. Registration is available on Lowes.com, with events limited to 100 participants per store to ensure safety measures such as social distancing and face coverings. Participants can enjoy candy and photo opportunities in a festive setting. Lowe's aims to support families seeking creative Halloween experiences, enriching its community engagement.
Lowe's announced a special 10% discount for eligible first responders from October 22 to 24, 2021, as a token of appreciation for their service. Those qualifying include firefighters, EMTs, police officers, nurses, and physicians. Registration for the coupon starts today and ends on October 24. Additionally, Lowe's will host fire safety education events across over 1,000 stores nationwide during Fire Safety Month. The company emphasizes its ongoing commitment to disaster relief, having donated over $2 million following Hurricane Ida.
Lowe's has launched the Home Team Contest this NFL season, allowing fans to join a team with 12 NFL stars and compete for prizes, including a trip to Super Bowl LVI. Participants can complete DIY projects and will receive a limited-edition jersey designed by Marcus Rivero. The initiative also includes community improvement projects, with 12 NFL players partnering with Lowe's to renovate homes in need. Additionally, Lowe's introduces officially licensed paint colors for all 32 NFL teams, supported by a comprehensive marketing campaign.
Lowe's Companies, Inc. (NYSE: LOW) announced on Sept. 13, 2021, its agreement to sell $1 billion of 1.700% Notes due 2028 and $1 billion of 2.800% Notes due 2041. The net proceeds from this $2 billion offering will be used for general corporate purposes. The closing date is expected to be on September 20, 2021, pending customary conditions. Barclays Capital, Goldman Sachs, U.S. Bancorp, and Wells Fargo are managing the offering, which is made under an effective registration statement with the SEC.
Lowe's Companies, Inc. (NYSE: LOW) will participate in a virtual fireside chat at the Goldman Sachs 28th Annual Global Retailing Conference on September 9, 2021, at 10:00 a.m. ET. Marvin R. Ellison, chairman and CEO, and David M. Denton, CFO, will represent the company. Participants can access the live audio webcast on Lowe's Investor Relations website, which will be archived for a year. Lowe's is a leading home improvement company, serving about 20 million customers weekly and reporting nearly $90 billion in sales for fiscal 2020.
Lowe's has pledged $2 million to aid recovery efforts following the devastation caused by Hurricane Ida. This donation includes $1 million for disaster relief partners like the American Red Cross and $1 million for product donations. The company is also supporting its associates with $500 for emergency needs, matching employee donations through the Lowe's Employee Relief Fund, and deploying over 240 Emergency Response Team members to affected areas. Lowe's is committed to assisting communities and ensuring essential supplies for recovery.
Lowe's has launched the #FallTogether Collective, featuring 10 creators to inspire customers in enhancing their outdoor spaces this fall. Starting today, customers can register for the Matchmaker Program for a chance to receive a $500 gift card and guidance from the Collective. The program runs until Labor Day, Sept. 6, complemented by the Lowe's Labor Day Savings Event from Aug. 26 to Sept. 8, offering significant discounts on tools and appliances. Lowe's aims to engage with customers on Instagram through DIY projects.
Lowe's Companies, Inc. (NYSE: LOW) reported net earnings of $3.0 billion and diluted earnings per share (EPS) of $4.25 for the quarter ending July 30, 2021, a rise from $2.8 billion and $3.74 in the same quarter last year. Total sales reached $27.6 billion, slightly up from $27.3 billion a year ago, despite a 1.6% decrease in comparable sales. The company issued a positive outlook for fiscal 2021, anticipating revenue of $92 billion and a minimum $9 billion share repurchase. Notably, all stores earned a profit-sharing bonus, totaling $91 million.