secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0000060667-24-000167
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's Q3 2024 EPS $2.99 ($2.89 adj), revenue $20.2B, comp sales -1.1%
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- Diluted EPS $2.99 (down 2% YoY); adjusted diluted EPS $2.89 excluding $54M gain from Canadian sale.
- Total revenue $20.2B vs $20.5B prior year; comparable sales declined 1.1%, partly offset by storm and Pro.
- Pro comp sales high-single-digit positive; online sales grew 6% with double-digit app traffic increase.
- Updated full-year 2024 outlook provided; guidance details not specified in this release.
- Repurchased ~2.9M shares for $758M; paid $654M in dividends during the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000006066724000167/0000060667-24-000167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000006066724000167/low-20241119.htm
  HTML page:      https://secwatch.observer/filing/0000060667-24-000167

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