secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2021-12-15T23:59:59+00:00
Accession:  0001193125-21-357421
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's provides FY2022 outlook: sales $94-97B, EPS $12.25-$13.00; board approves $13B share repurchase program
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- Board authorized new $13B share repurchase program; total authorization ~$20B including $7.3B remaining from prior program.
- Company plans ~$12B in share repurchases in 2022.
- FY2022 guidance: total sales $94-97B, comparable sales -3% to flat, operating margin 12.5-12.8%, diluted EPS $12.25-$13.00.
- FY2022 capex expected ~$2B; ROIC target ~35%.
- FY2021 outlook reiterated: total sales ~$95B, operating margin 12.4%, ROIC over 33%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000119312521357421/0001193125-21-357421-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000119312521357421/d260319d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-357421

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