10-QPeriod: Q3 FY1997

LOWES COMPANIES INC Quarterly Report for Q3 Ended Oct 31, 1996

Filed December 13, 1996For Securities:LOW

Summary

This 10-Q filing for Lowe's Companies Inc. covers the period ending October 30, 1996. While the provided text is a directory listing of the filing rather than the financial statements themselves, it indicates that Lowe's is actively reporting its financial status to the SEC. Investors should look for key financial metrics such as revenue growth, profitability, debt levels, and cash flow within the full report to understand the company's performance and financial health during this period. The filing is a routine quarterly update, suggesting ongoing operational and financial reporting, which is crucial for maintaining investor confidence and facilitating informed investment decisions.

Key Highlights

  • 1Lowe's Companies Inc. filed its quarterly report (10-Q) for the period ending October 30, 1996.
  • 2The filing was officially submitted to the SEC on December 12, 1996.
  • 3This report provides investors with an update on the company's financial performance and position during the third quarter of fiscal year 1996.
  • 4Investors can use this filing to assess trends in sales, expenses, and profitability.
  • 5Key financial data and management's discussion and analysis are typically included in a 10-Q, offering insights into operational changes and future outlook.
  • 6The filing signifies Lowe's commitment to timely financial disclosure as required by regulatory bodies.
  • 7This report is a vital source for understanding Lowe's business during the specified period in the mid-1990s.

Frequently Asked Questions

The primary purpose of this 10-Q filing is to provide the U.S. Securities and Exchange Commission (SEC) and investors with a regular update on Lowe's Companies Inc.'s financial performance and condition for the fiscal quarter ending October 30, 1996. It includes unaudited financial statements and management's discussion and analysis of the results.

The provided text is a directory listing of the filing's contents on the SEC's Edgar system. The actual financial statements, including the balance sheet, income statement, and cash flow statement, along with the accompanying notes and management discussion, would be found within the document linked by '-96-000012.txt' or similar financial statement sections, which are not fully detailed in the provided snippet.

Investors should focus on key indicators such as revenue growth, gross profit margin, operating income, net income, earnings per share (EPS), and cash flow from operations. Examining changes in inventory, accounts receivable, and debt levels will also provide insights into the company's operational efficiency and financial stability.

While the 10-Q is primarily a report of past performance, the 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section typically discusses known trends, demands, commitments, events, and uncertainties that may affect future financial results. Investors should review this section for any forward-looking statements or qualitative insights into the company's outlook.