Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE - LOWES COMPANIES INC | exhibit991-04302021.htm |
| 8-K - FORM 8-K - LOWES COMPANIES INC | low-20210519.htm |
Above Company Average Q1 2021 RESULTS U.S. COMPARABLE SALES SUMMARYFINANCIAL HIGHLIGHTS MERCHANDISING DEPARTMENT PERFORMANCE $24.4B IN SALES +24.1% GROSS MARGIN +19 basis points +24.4% U.S. COMP SALES COMP TRANSACTIONS COMP AVERAGE TICKET 11.3% $93.81 TRANSACTIONS/TICKET COMP SALES BY TICKET SIZE >$500 +14.5% +47.4% +9.4% $50-500 <$50 +23.9% +37.6% COMP PERFORMANCE 2021 2020 FEBRUARY MARCH APRIL +4.7% + % +16.0% +8.0% +24.0% +35.9% U.S. COMP PERFORMANCE 2021 2020 +5.1% +20.4% +13.9% +8.9% SALES GROWTH + % LUMBER KITCHENS & BATH ELECTRICAL DÉCOR 33.29% OPERATING MARGIN +317 basis points 13. % DILUTED EPS +82% $3.21 +13.1% $3.5 BILLION TO OUR SHAREHOLDERS THROUGH DIVIDENDS AND SHARE REPURCHASES WE RETURNED –Marvin R. Ellison, Lowe’s President & CEO Lorem ipsum MILLWORKSEASONAL & OUTDOOR LIVING Positive Comps Exceeding +18% in All 15 U.S. Regions Exhibit 99.2
Market Share Acceleration Total Home Strategy Drive Pro penetration Accelerate online business Expand installation services Drive localization Elevate assortment Providing a full complement of products and services for Pros and Consumers alike, enabling a Total Home solution for every need in the home
Forward-Looking Statements This presentation includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”, “intend”, “will”, “should”, “could”, “would”, “may”, “strategy”, “potential”, “opportunity”, “outlook”, “scenario”, “guidance”, and similar expressions are forward-looking statements. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives, business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services, share repurchases, Lowe’s strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. Such statements involve risks and uncertainties and we can give no assurance that they will prove to be correct. Actual results may differ materially from those expressed or implied in such statements. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, the availability of consumer credit and of mortgage financing, changes in commodity prices, trade policy changes or additional tariffs, outbreaks of public health crises, such as the COVID-19 pandemic, availability and cost of goods from suppliers, and other factors that can negatively affect our customers. Investors and others should carefully consider the foregoing factors and other uncertainties, risks and potential events including, but not limited to, those described in “Item 1A - Risk Factors” in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A in our quarterly reports on Form 10-Q or other subsequent filings with the SEC. All such forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to update these statements other than as required by law.