secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0000060667-22-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's Q4 EPS $1.78 beats adj. $1.33; revenue $21.3B; raises FY2022 outlook
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- Q4 diluted EPS $1.78 ($1.2B net) vs $1.32 LY; adjusted EPS up 34% to $1.78.
- Revenue $21.3B, comp sales +5.0%; U.S. comp sales +5.1% (two-year +35.2%).
- Pro customer sales +23%; gross margin 32.93% (+115 bps); operating margin 8.67% (+117 bps).
- Returned $4.5B to shareholders in Q4 ($4.0B buybacks, $551M dividends); FY21 total $15.1B.
- Raised fiscal 2022 outlook; $265M year-end discretionary bonus awarded to front-line associates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000006066722000017/0000060667-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000006066722000017/low-20220223.htm
  HTML page:      https://secwatch.observer/filing/0000060667-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer