Early Access

10-QPeriod: Q1 FY2012

LOWES COMPANIES INC Quarterly Report for Q1 Ended Apr 29, 2011

Filed May 31, 2011For Securities:LOW

Summary

This 10-Q filing for Lowe's Companies, Inc. covers the first quarter ended April 28, 2011. The company reported its financial performance and condition, providing investors with a look into its operational results during a period of economic recovery. Key financial statements including balance sheets, income statements, and cash flow statements are presented, along with management's discussion and analysis of the company's financial health and operational performance. Investors should pay close attention to Management's Discussion and Analysis (MD&A) for insights into revenue trends, profitability drivers, and any significant changes in the company's financial position. The filing also outlines risk factors and other relevant information that could impact future performance. While the filing provides detailed financial data, the overall economic environment and consumer spending patterns would be crucial context for a comprehensive understanding of Lowe's performance.

Financial Highlights

47 data points
Beta

Revenue

$12.19B

0.4% Gross Margin

Net Income

$461.00M

0.0% Net Margin

EPS (Diluted)

$0.34

Total Assets

$35.88B

Cash & Equivalents

$1.50B

Free Cash Flow

$2.11B

Financial Statements
Beta
Revenue$12.19B
Cost of Revenue$7.87B
Gross Profit$4.32B
SG&A Expenses$3.12B
Operating Expenses$3.58B
Net Income$461.00M
EPS (Basic)$0.35
EPS (Diluted)$0.34
Shares Outstanding (Basic)1.32B
Shares Outstanding (Diluted)1.33B

Key Highlights

  • 1Consolidated financial statements for the first quarter ended April 28, 2011, are presented, allowing for year-over-year comparison.
  • 2The report includes Consolidated Balance Sheets as of April 29, 2011, April 30, 2010, and January 28, 2011.
  • 3Consolidated Statements of Current and Retained Earnings for the three months ended April 29, 2011, and April 30, 2010, are available for performance analysis.
  • 4Consolidated Statements of Cash Flows for the three months ended April 29, 2011, and April 30, 2010, provide insights into the company's cash generation and usage.
  • 5Management's Discussion and Analysis (MD&A) offers detailed explanations of the company's financial condition and results of operations.
  • 6Risk Factors are disclosed in Part II, Item 1A, highlighting potential challenges and uncertainties affecting the business.
  • 7The filing includes sections on Controls and Procedures, as well as Other Information and Exhibits.

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