Lowe's Companies, Inc. · NYSE:LOW
Lowe's Companies — Q4 2018 Earnings Presentation
8 slides from Lowe's Companies's earnings presentation, Feb 27, 2019
Slide 1: Q4 2018 Results: Financial Highlights
Exhibit 99.2 “Overall, we are pleased with the progress we are making in our business. Most of the intense work over the past six months to transform our company has been in preparation for an improved spring season and fiscal 2019. Therefore, we are encouraged by an improved comparable sales progres
Slide 2: Strategic Initiatives and Our Mission
STRATEGIC INITIATIVES OUR MISSION Together, deliver the right home improvement products, with the best service and value, across every channel and community we serve. Fulfillment and Delivery Optimization Order Management Optimization Improve Productivity Drive Localization Improve _ Reset Execution
Slide 3: Earnings Call Reconciliation of Non-GAAP Measures
Q1 2017 EARNINGS CALL RECONCILIATION OF NON-GAAP MEASURES
Slide 4: Non-GAAP Measures
Q4 2018 EARNINGS CALL NON-GAAP MEASURES Management uses certain non-GAAP financial measures, as further outlined in the following slides, because it considers them to be important supplemental measures of the Company’s performance. Management also believes that these non-GAAP financial measures prov
Slide 5: Non-GAAP Measures: Adjusted Operating Margin / Adjusted Diluted EPS
Q4 2018 EARNINGS CALL NON-GAAP MEASURES Adjusted Operating Margin / Adjusted Diluted Earnings Per Share For the quarter ended February 1, 2019, we have presented Adjusted Operating Margin and Adjusted Diluted Earnings Per Share to exclude the impacts of certain discrete items, as further detailed be
Slide 6: Reconciliation of Non-GAAP Measures: Adjusted Operating Income
Q4 2018 EARNINGS CALL RECONCILIATION OF NON-GAAP MEASURES The following provides a reconciliation of adjusted operating income to operating income/(loss), the most directly comparable GAAP financial measure. Three Months Ended Adjusted Operating Margin (in millions) February 1, 2019 February 2, 2018
Slide 7: Reconciliation of Non-GAAP Measures: Adjusted Diluted EPS
Q4 2018 EARNINGS CALL RECONCILIATION OF NON-GAAP MEASURES The following provides a reconciliation of adjusted diluted earnings per share to diluted earnings/(loss) per common share, the most directly comparable GAAP financial measure. Three Months Ended February 1, 2019 February 2, 2018 Adjusted Dil
Slide 8: Forward Looking Statements
Q4 2018 EARNINGS CALL FORWARD LOOKING STATEMENTS This presentation includes includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as “believe”, “expect”, “anticipate”, “plan”, “desire”, “project”, “estimate”,