Lowe`s Cos. (LOW)

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

Company profile

Marvin Ellison
Fiscal year end
Lowe’s Home Centers, LLC • RONA inc. • Lowe’s Companies Canada ULC ...
IRS number

LOW stock data


26 May 22
12 Aug 22
3 Feb 23
Quarter (USD) Apr 22 Jan 22 Oct 21 Jul 21
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Jan 22 Jan 21 Jan 20 Jan 19
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 3.41B 3.41B 3.41B 3.41B 3.41B 3.41B
Cash burn (monthly) (no burn) 273.17M (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) n/a 952.93M n/a n/a n/a n/a
Cash remaining n/a 2.46B n/a n/a n/a n/a
Runway (months of cash) n/a 9.0 n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Jul 22 Janice Dupre Little Common Stock Payment of exercise Dispose F No No 177.36 164 29.09K 12,706
1 Jul 22 Dan Clayton Griggs Jr Common Stock Payment of exercise Dispose F No No 177.36 241 42.74K 4,114.773
1 Jul 22 Brandon J Sink Common Stock Payment of exercise Dispose F No No 177.36 218 38.66K 13,439.896
30 Jun 22 Batchelder David H Phantom Stock Common Stock Grant Acquire A No No 174.67 143.127 25K 3,283.778
76.2% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 2233 2338 -4.5%
Opened positions 134 386 -65.3%
Closed positions 239 127 +88.2%
Increased positions 837 703 +19.1%
Reduced positions 966 933 +3.5%
13F shares Current Prev Q Change
Total value 98.06B 128.78B -23.9%
Total shares 486.81M 499.19M -2.5%
Total puts 8.22M 9.41M -12.7%
Total calls 5.48M 7.37M -25.6%
Total put/call ratio 1.5 1.3 +17.3%
Largest owners Shares Value Change
Vanguard 57.21M $11.57B -0.9%
BLK Blackrock 45.26M $9.15B -3.1%
STT State Street 28.78M $5.82B -6.8%
FMR 25.15M $5.08B -4.7%
JPM JPMorgan Chase & Co. 17.65M $3.57B +16.3%
WFC Wells Fargo & Co. 11.33M $2.29B +8.5%
Geode Capital Management 11.09M $2.24B +1.5%
BAC Bank Of America 10.56M $2.14B -14.9%
Pershing Square Capital Management 10.21M $2.06B -0.3%
NTRS Northern Trust 8.23M $1.66B -3.1%
Largest transactions Shares Bought/sold Change
Norges Bank 0 -6.78M EXIT
Magellan Asset Management 3.17M +3.15M +12323.7%
CFS Investment Advisory Services 2.55M +2.54M +19941.3%
JPM JPMorgan Chase & Co. 17.65M +2.48M +16.3%
STT State Street 28.78M -2.09M -6.8%
BAC Bank Of America 10.56M -1.84M -14.9%
Renaissance Technologies 1.59M +1.57M +7952.8%
American Century Companies 2.25M -1.53M -40.4%
BLK Blackrock 45.26M -1.45M -3.1%
Egerton Capital 3.61M +1.3M +56.2%

Financial report summary

Management Discussion
  • Net Sales – Net sales increased 7.4% to $96.3 billion in 2021. The increase in total sales was driven by comparable sales growth. Comparable sales increased 6.9% over the same period, driven by an 11.1% increase in comparable average ticket, partially offset by a 4.2% decline in comparable customer transactions. Comparable sales change during each quarter of the
  • fiscal year, as reported, were an increase of 25.9% in the first quarter, decline of 1.7% in the second quarter, increase of 2.2% in the third quarter, and increase of 5.0% in the fourth quarter.
  • During 2021, we experienced comparable sales increases in eleven of fifteen product categories, led by Electrical, Lumber, and Flooring. We delivered strong comparable sales in Electrical and Lumber due to strong unit demand from Pro customers, as well as unit price increases driven by inflation. New product offerings drove strong sales in Flooring, led by Vinyl Flooring. We experienced lower comparable sales in Paint, Hardware, and Lighting due to cycling prior year DIY demand at the onset of the COVID-19 pandemic. Geographically, all fifteen U.S. regions and Canada experienced positive comparable sales.

Content analysis

H.S. freshman Avg
New words: adequate, armed, centered, cold, converted, cool, damaged, delay, delayed, disposable, excited, highest, historically, labor, lack, North, partnership, payout, ProgramTM, pronounced, ready, real, robust, solid, staffing, terrorism, twelve, unseasonable, unseasonably, view, volatility, wage, wet, world
Removed: acquired, alternative, annually, ASU, began, brand, Canada, Canadian, chain, confident, contemplated, contractual, cycling, decided, delivered, determining, discrete, drove, efficiency, elevating, evaluate, evaluating, expand, explanatory, Facilitation, FASB, final, Geographically, goodwill, health, impairment, indefinite, insight, intangible, interbank, leveraging, LIBOR, life, loan, localization, London, marginal, meet, modernizing, modification, noted, Offered, offering, pandemic, paragraph, positively, practical, profitability, reclassification, recoverable, Refer, restructuring, safety, satisfaction, shrink, STAINMASTER, sufficient, supplemented, sustained, timing, Topic, transition, treasury, type, unemployment