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 Highlights
49 data pointsBeta
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.
Frequently Asked Questions
This amendment is primarily to correct a technical error in the original Form 10-K's Interactive Data File (XBRL). A specific value for non-cancelable commitments due in 2012 was misstated and is now corrected.
No, this amendment does not change the reported financial results or business operations. It is a correction of a data point within the XBRL exhibit, specifically concerning the presentation of commitments, and does not reflect any new business developments or performance changes.
The value associated with non-cancelable commitments due in 2012 was corrected from $5 million in the original XBRL tagging to $590 million in this amended filing.
No, this filing is strictly an amendment to correct a data presentation error in the XBRL exhibit. It does not contain new business insights, operational updates, or strategic information beyond what was presented in the original 10-K filing.