8-KRegulation FDExhibits & Filings

LOWES COMPANIES INC 8-K Report, Regulation FD Disclosure (Sep 22, 2009)

Filed September 22, 2009For Securities:LOW

Summary

Lowe's Companies, Inc. (LOW) filed an 8-K on September 22, 2009, primarily to furnish a press release that reiterated its previously issued sales and earnings guidance for the 2009 fiscal year. This filing indicates that the company was on track to meet its existing financial projections for the current year. Investors should note that this information was furnished, not filed, meaning it does not carry the same regulatory weight as a formally filed document under Section 18 of the Securities Exchange Act of 1934. Beyond the 2009 outlook, the press release also provided an initial outlook for fiscal year 2010 and discussed longer-term prospects. While specific quantitative details for 2010 are not included in this 8-K summary, the mention of forward-looking guidance suggests management's perspective on the upcoming fiscal year and their strategic vision for the company's sustained growth, even amidst the prevailing economic environment of 2009.

Key Highlights

  • 1Lowe's reiterated its previously issued sales and earnings guidance for fiscal year 2009.
  • 2The company provided an initial outlook for fiscal year 2010.
  • 3The press release also discussed the company's prospects for the longer term.
  • 4The information was furnished under Regulation FD, not formally filed.
  • 5This filing serves as an update to management's expectations for the current and upcoming fiscal periods.

Frequently Asked Questions

The primary purpose of this 8-K filing is to publicly disseminate a press release that reiterates Lowe's existing sales and earnings guidance for the 2009 fiscal year and introduces initial forward-looking guidance for fiscal year 2010 and longer-term prospects.

No, this filing does not contain new financial results. It reiterates previously provided guidance for fiscal year 2009 and offers an outlook for 2010 and beyond.

When information is 'furnished,' as it is in this case under Regulation FD, it means the company is providing it to the public but it is not subject to the same liabilities as information that is formally 'filed' with the SEC under Section 18 of the Securities Exchange Act of 1934. This distinction is important for legal and regulatory purposes.

Reiterating guidance suggests that Lowe's management is confident in their ability to achieve the previously stated sales and earnings targets for fiscal year 2009, indicating a stable or improving operational performance relative to their prior expectations.