Lowe's (LOW) CEO, Marvin Ellison on Q2 2018 Results - Earnings Call Transcript

Aug. 22, 2018 1:30 PM ETLowe's Companies, Inc. (LOW)
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Lowe’s Companies (NYSE:LOW) Q2 2018 Earnings Conference Call August 22, 2018 9:00 AM ET

Executives

Marvin Ellison - President, Chief Executive Officer

Mike McDermott - Chief Customer Officer

Marshall Croom - Executive Vice President, Chief Financial Officer

Analysts

Christopher Horvers - JP Morgan

Simeon Gutman - Morgan Stanley

Michael Lasser - UBS

Eric Bosshard - Cleveland Research

Zach Fadem - Wells Fargo

Steve Forbes - Guggenheim Securities

Seth Sigman - Credit Suisse

Operator

Good morning everyone and welcome to Lowe’s Companies Second Quarter 2018 Earnings conference call. This call is being recorded. Please note if you pressed star, one to enter the question queue prior to the start of today’s call, your signal did not register. You will need to press star, one again to enter the queue. Also, supplemental reference slides are available on Lowe’s Investor Relations website within the investor packet. While management will not be speaking directly to the slides, these slides are meant to facilitate your review of the company’s results and to be used as a reference document following the call.

During this call, management will be using certain non-GAAP financial measures. The supplement reference slides include information about these measures and a reconciliation to the most directly comparable GAAP financial measures. Statements made during this call will include forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Management’s expectations and opinions reflected in those statements are subject to risks, and the company can give no assurance that they will prove to be correct. Those risks are described in the company’s earnings release and in its filings with the Securities and Exchange Commission.

Hosting today’s conference will be Mr. Marvin Ellison, President and Chief Executive Officer; Mr. Mike McDermott, Chief Customer Officer; and Mr. Marshall Croom, Chief Financial Officer.

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