Early Access

10-K/APeriod: FY2012

LOWES COMPANIES INC Annual Report (Amendment), Year Ended Feb 3, 2012

Filed April 10, 2012For Securities:LOW

Summary

This filing is an amendment (10-K/A) to Lowe's Companies Inc.'s previously filed 2011 Annual Report (10-K). The amendment's primary purpose is to correct a technical error in the original filing's Interactive Data File (XBRL). Specifically, a value related to non-cancelable commitments due in 2012 was incorrectly reported as $5 million, and this amendment corrects it to $590 million. Investors should note that this amendment does not introduce new business information or alter the overall financial performance as presented in the original 10-K. It is a clarification of data presentation within the XBRL exhibit.

Financial Statements
Beta
Revenue$50.21B
Cost of Revenue$32.86B
Gross Profit$17.35B
SG&A Expenses$12.59B
Operating Expenses$14.44B
Net Income$1.84B
EPS (Basic)$1.43
EPS (Diluted)$1.43
Shares Outstanding (Basic)1.27B
Shares Outstanding (Diluted)1.27B

Key Highlights

  • 1Amendment clarifies a data error in the XBRL filing, not a change in financial performance.
  • 2Corrected non-cancelable commitments due in 2012 from $5 million to $590 million.
  • 3The amendment was filed on April 9, 2012, for the fiscal year ended February 3, 2012.
  • 4Lowe's Companies, Inc. is a large accelerated filer.
  • 5The company's common stock is listed on the New York Stock Exchange (NYSE).
  • 6As of March 30, 2012, approximately 1.199 billion shares of common stock were outstanding.

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