Lowe's Companies, Inc. (LOW) Oppenheimer's 24th Annual Consumer Growth and E-Commerce Conference

Lowe's Companies, Inc. (NYSE:LOW) Oppenheimer's 24th Annual Consumer Growth and E-Commerce Conference June 26, 2024 9:00 AM ET

Company Participants

Brandon Sink - Chief Financial Officer
Kate Pearlman - Investor Relations
Marvin Ellison - Chief Executive Officer

Conference Call Participants

Brian Nagel - Oppenheimer

Brian Nagel

Well, good morning. Thank you all for joining us today. So my name is Brian Nagel, I work at Oppenheimer as our consumer growth and e-commerce analyst. So this meeting with Lowe's very much represents a continuation of our 24th Annual Oppenheimer Consumer Growth and E-commerce Conference. So again, we appreciate you all for taking the time to dial in and I'm very pleased to have with us the Senior Leadership team of Lowe's, CEO Marvin Ellison; CFO Brandon Sink; and Investor Relations, Kate Pearlman. So team Lowe's, thank you very much for joining us.

Brandon Sink

Thank you for having us, Brian.

Kate Pearlman

Thanks, Brian.

Question-and-Answer Session

Q - Brian Nagel

Really appreciate it. So we're going to structure this as a fireside chat between with me and Lowe's, me asking questions, Lowe's answering these questions. To the extent there are questions from the audience to send them through the chat, and I'll be happy to work them into our conversation.

But I thought, before we jump into the specifics of Lowe's, one of the key questions I've been asking companies at our conference is just maybe to give their assessment of the health of the U.S. Consumer. Lowe's being an extraordinarily well-run company and leading the home improvement chain, I think, has a very good understanding of consumer spending, insight into consumer spending. So maybe we can start there before we jump into more specific questions on Lowe's.

Marvin Ellison

Okay. So, Brian, always a pleasure to be with you. So I'll start out, and I