Lowes Companies Inc (LOW) Earnings Report, Financial Results, Financial analysis

Lowes Companies Inc reported in II. Quarter net earnings per share of $4.25 an increase by 13.64 % year on year from $3.74 and an improvement of 32.4 % from $3.21 realized in I. Quarter (Apr 30 2021).

*II. Quarter*
Earnings Per Share	Revenues
$ 4.25	$ 27,570 Mill
$+0.51 +13.64 %	$+268M +0.98 %

Lowes Companies Inc's Revenue rose by 0.98 % in II. Quarter (Jul 30 2021) year on year, to $27,570 million and advanced by 12.89 % sequentially.

Lowes Companies Inc is Expected to report next financial results on March 21, 2022.

More on LOW's Income Statement

LOW's NET INCOME

Lowes Companies Inc's net income of $3,018 million in II. Quarter increased by 6.72 % from net earnings of $2,828 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 30.03 % from net income of $2,321.00 million realized in previous quarter.

More on LOW's Growth

Inventories grew by 25.24 % to $17,322 million from II. Quarter a year ago, sequentially inventories fell by -5.77 %. In II. Quarter company's net cash and cash equivalents decreased by $-1,857 million, capital expenditures fell by 0.79%, to $-385 millions compare to same quarter a year ago and rose by -16.49% from I. Quarter (Apr 30 2021).

More on LOW's Cash flow Statement

Earnings quality

Lowes Companies Inc payed out dividend of $2.38 per share in last 52 weeks representing 24.59 % of net earning per share in trailing twelve-month period.

During the same period Lowes Companies Inc earned $ 8.78 cash per share, on a free-cash flow basis 90.74 % of net earning per share.

Company repurchased 13.00 million shares or 1.81 % in II. Quarter.
Debt Coverage Ratio was 0.41.

• More on LOW's Dividends

Market Capitalization (Millions)	161,740
Shares Outstanding (Millions)	707
Total Debt (Millions $)	24,311
Revenue (TTM) (Millions $)	94,612
Net Income (TTM) (Millions $)	7,009
Cash Flow (TTM) (Millions $)	-6,806
Capital Exp. (TTM) (Millions $)	-1,927
Dividend TTM ($)	2.38 $
Dividend Yield TTM (%)	1.06 %
Employees (TTM) $	320,000

Earnings quality

• More on LOW's Balance Sheets

Market Capitalization (Millions)	161,740
Shares Outstanding (Millions)	707
Total Debt (Millions $)	24,311
Revenue (TTM) (Millions $)	94,612
Net Income (TTM) (Millions $)	7,009
Cash Flow (TTM) (Millions $)	-6,806
Capital Exp. (TTM) (Millions $)	-1,927
Dividend TTM ($)	2.38 $
Dividend Yield TTM (%)	1.06 %
Employees (TTM) $	320,000

Operating Statistics	Decrease / Increase

• View Annual Report

Tweet
Economy Advance Monthly Sales Consumer Price Index CPI Producer Price Index PPI Retail Inventories Personal Income Gross Domestic Product GDP Money Supply Industrial Production Productivity Employment Situation US International Trade Factory Orders Durable Goods Construction Spending Housing Starts Vehicle Unit Sales	Stocks Event Calendar OPLF's Profile Stock Price OPLF's Financials Business Description Fundamentals Charts & Quotes OPLF's News Suppliers OPLF's Competitors Customers & Markets Economic Indicators OPLF's Growth Company Segments	Screening Stock Performance Growth Rates Profitability Valuation Dividend Financial Strength Efficiency Largest Companies Management Effectivness

Lowes Companies Inc

LOW's Financial Statements and Analysis