Lowe's Companies Inc. Files 2024 10-K
Ticker: LOW · Form: 10-K · Filed: 2024-03-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, retail
TL;DR
Lowe's 2024 10-K is in. Full financials and biz details for FY23 are out.
AI Summary
Lowe's Companies Inc. filed its 2024 10-K report for the fiscal year ending February 2, 2024. The company, headquartered in Mooresville, NC, operates in the retail lumber and building materials sector. Key financial data and operational details for the fiscal year are presented in this comprehensive filing.
Why It Matters
This filing provides investors and analysts with a detailed overview of Lowe's financial performance, strategic initiatives, and risk factors for the fiscal year 2023, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a standard annual financial filing for a large, established public company.
Key Numbers
- FY2023 — Fiscal Year (Reporting period for the 10-K)
- 0202 — Fiscal Year End Date (Indicates the end of the reporting period)
Key Players & Entities
- LOWES COMPANIES INC (company) — Filer
- 0000060667 (company) — Central Index Key
- NC (location) — State of Incorporation
- MOORESVILLE (location) — Business Address City
- 704-758-1000 (phone_number) — Business Phone
- 20240202 (date) — Fiscal Year End
- 20240325 (date) — Filing Date
FAQ
What is the primary business of Lowe's Companies Inc. as indicated in the filing?
Lowe's Companies Inc. is primarily involved in the retail of lumber and other building materials, as indicated by its Standard Industrial Classification code [5211].
Where is Lowe's Companies Inc. headquartered?
Lowe's Companies Inc. is headquartered in Mooresville, North Carolina (NC).
What is the SEC file number for this 10-K filing?
The SEC file number for this 10-K filing is 001-07898.
When does the fiscal year covered by this 10-K report end?
The fiscal year covered by this 10-K report ends on February 2, 2024 (20240202).
What is the accession number for this filing?
The accession number for this filing is 0000060667-24-000033.
From the Filing
0000060667-24-000033.txt : 20240325 0000060667-24-000033.hdr.sgml : 20240325 20240325161834 ACCESSION NUMBER: 0000060667-24-000033 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 118 CONFORMED PERIOD OF REPORT: 20240202 FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOWES COMPANIES INC CENTRAL INDEX KEY: 0000060667 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-LUMBER & OTHER BUILDING MATERIALS DEALERS [5211] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 560578072 STATE OF INCORPORATION: NC FISCAL YEAR END: 0202 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07898 FILM NUMBER: 24779448 BUSINESS ADDRESS: STREET 1: 1000 LOWES BLVD. CITY: MOORESVILLE STATE: NC ZIP: 28117 BUSINESS PHONE: 704-758-1000 MAIL ADDRESS: STREET 1: 1000 LOWES BLVD. CITY: MOORESVILLE STATE: NC ZIP: 28117 10-K 1 low-20240202.htm FORM 10-K low-20240202 LOWES COMPANIES INC 0000060667 false 2023 FY P1Y P5Y P5Y P1Y P1Y P1Y 0 http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#InterestRevenueExpenseNet http://fasb.org/us-gaap/2023#InterestRevenueExpenseNet http://fasb.org/us-gaap/2023#InterestRevenueExpenseNet 33.00 0 0000060667 2023-02-04 2024-02-02 0000060667 2023-08-04 iso4217:USD 0000060667 2024-03-21 xbrli:shares xbrli:pure 0000060667 2022-01-29 2023-02-03 0000060667 2021-01-30 2022-01-28 iso4217:USD xbrli:shares 0000060667 2024-02-02 0000060667 2023-02-03 0000060667 us-gaap:CommonStockMember 2021-01-29 0000060667 us-gaap:AdditionalPaidInCapitalMember 2021-01-29 0000060667 us-gaap:RetainedEarningsMember 2021-01-29 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-29 0000060667 2021-01-29 0000060667 us-gaap:RetainedEarningsMember 2021-01-30 2022-01-28 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-30 2022-01-28 0000060667 us-gaap:AdditionalPaidInCapitalMember 2021-01-30 2022-01-28 0000060667 us-gaap:CommonStockMember 2021-01-30 2022-01-28 0000060667 us-gaap:CommonStockMember 2022-01-28 0000060667 us-gaap:AdditionalPaidInCapitalMember 2022-01-28 0000060667 us-gaap:RetainedEarningsMember 2022-01-28 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-28 0000060667 2022-01-28 0000060667 us-gaap:RetainedEarningsMember 2022-01-29 2023-02-03 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-29 2023-02-03 0000060667 us-gaap:AdditionalPaidInCapitalMember 2022-01-29 2023-02-03 0000060667 us-gaap:CommonStockMember 2022-01-29 2023-02-03 0000060667 us-gaap:CommonStockMember 2023-02-03 0000060667 us-gaap:AdditionalPaidInCapitalMember 2023-02-03 0000060667 us-gaap:RetainedEarningsMember 2023-02-03 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-03 0000060667 us-gaap:RetainedEarningsMember 2023-02-04 2024-02-02 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-02-04 2024-02-02 0000060667 us-gaap:AdditionalPaidInCapitalMember 2023-02-04 2024-02-02 0000060667 us-gaap:CommonStockMember 2023-02-04 2024-02-02 0000060667 us-gaap:CommonStockMember 2024-02-02 0000060667 us-gaap:AdditionalPaidInCapitalMember 2024-02-02 0000060667 us-gaap:RetainedEarningsMember 2024-02-02 0000060667 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-02 0000060667 country:US 2024-02-02 low:store 0000060667 country:CA 2023-02-03 0000060667 country:CA low:DealerOwnedMember 2023-02-03 0000060667 srt:MinimumMember 2023-02-04 2024-02-02 0000060667 srt:MaximumMember 2023-02-04 2024-02-02 0000060667 us-gaap:LandAndBuildingMember srt:MinimumMember 2024-02-02 0000060667 us-gaap:LandAndBuildingMember srt:MaximumMember 2024-02-02 0000060667 us-gaap:LandAndBuildingMember srt:MinimumMembe