---
schema_version: "secwatch.filing_event.v1"
accession: "0000060667-22-000162"
form_type: "8-K"
ticker: "LOW"
cik: "0000060667"
company_name: "LOWES COMPANIES INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:14:59.679214+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lowe's sells Canadian retail business to Sycamore Partners for $400M

## Summary
- Sale price $400M cash plus performance-based deferred consideration; buyer Sycamore Partners.
- Canadian retail operates ~450 stores under RONA, Lowe's Canada, Réno-Dépôt, Dick's Lumber.
- Business represents ~7% of FY2022 sales and 60 bps dilution on operating margin.
- Lowe's will record ~$2.0B pre-tax non-cash impairment charge in Q3 2022.
- Transaction expected to close early 2023; reaffirms FY2022 outlook excl. impairment/deal costs.

## SEC filing metadata
- accession: 0000060667-22-000162
- form_type: 8-K
- ticker: LOW
- cik: 0000060667
- company_name: LOWES COMPANIES INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60667/000006066722000162/0000060667-22-000162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60667/000006066722000162/low-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000060667-22-000162
- JSON: https://secwatch.observer/filing/0000060667-22-000162.json
- Plain text: https://secwatch.observer/filing/0000060667-22-000162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.