Lowe's Companies, Inc. · NYSE:LOW
Lowe's Companies — Q1 2019 Earnings Presentation
7 slides from Lowe's Companies's earnings presentation, May 22, 2019
Slide 1: Q1 2019 Results
Q1 2019 RESULTS TRANSACTIONS/TICKET — g@ff4 ProServices Positive comps in 4Q of 43 merchandising departments. $17.7B IN SALES 4+2.2% +4.2% U.S. COMP SALES 31.46% GROSS MARGIN -165 basis points 7.99% OPERATING MARGIN -45 basis points $1.31 DILUTED EPS +10.1% a, comp average ABOVECOMPANY AVERAGE TRANS
Slide 2: Strategic Initiatives
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 ctivity Drive Localization Improve _ Reset Execution Simplificati
Slide 3: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES
Slide 4: Non-GAAP Measures
Q1Q1 2019 2019 EARNINGS EARNINGS CALL CALL NON-GAAP MEASURES Management uses 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
Slide 5: Non-GAAP Measures: Adjusted Diluted Earnings Per Share
Q1Q1 2019 2019 EARNINGS EARNINGS CALL CALL NON-GAAP MEASURES Adjusted Diluted Earnings Per Share We have presented Adjusted Diluted Earnings Per Share for the quarter ended May 3, 2019, to exclude the impacts of certain items, as further detailed below, not contemplated in Lowe’s original Business O
Slide 6: Reconciliation of Non-GAAP Measures
Q1Q1 2019 2019 EARNINGS EARNINGS CALL CALL RECONCILIATION OF NON-GAAP MEASURES The following provides a reconciliation of adjusted diluted earnings per share to diluted earnings per common share, the most directly comparable GAAP financial measure. Three Months Ended May 3, 2019 May 4, 2018 Pre-Tax
Slide 7: Forward Looking Statements
Q1Q1 2019 2019 EARNINGS EARNINGS CALL CALL FORWARD LOOKING STATEMENTS This presentation 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”,