Introduction
Lowe’s is one of the biggest home improvement retailers in the world, with over 2,000 stores in the United States, Canada, and Mexico. In this article, we will discuss Lowe’s fiscal year calendar for the year 2024, including its financial results, earnings reports, and investor relations events.
What is a Fiscal Year Calendar?
A fiscal year calendar is a twelve-month period that companies use for accounting and financial reporting purposes. Lowe’s fiscal year calendar starts on February 1 and ends on January 31, which is different from the calendar year that starts on January 1 and ends on December 31.
Why is Lowe’s Fiscal Year Calendar Important?
Understanding Lowe’s fiscal year calendar is important for investors, analysts, and stakeholders who want to track the company’s financial performance. By analyzing Lowe’s earnings reports, investor presentations, and financial statements, they can make informed decisions about buying or selling Lowe’s stock.
Lowe’s Fiscal Year 2024 Calendar
First Quarter
The first quarter of Lowe’s fiscal year 2024 starts on February 1, 2024, and ends on April 30, 2024. During this quarter, Lowe’s will release its fourth-quarter and full-year 2023 earnings report on March 6, 2024. The company will also hold its annual shareholders meeting on April 26, 2024.
Second Quarter
The second quarter of Lowe’s fiscal year 2024 starts on May 1, 2024, and ends on July 31, 2024. The company will release its first-quarter 2024 earnings report on May 22, 2024. Lowe’s will also host its second-quarter earnings conference call on August 21, 2024.
Third Quarter
The third quarter of Lowe’s fiscal year 2024 starts on August 1, 2024, and ends on October 31, 2024. During this quarter, Lowe’s will release its second-quarter 2024 earnings report on August 21, 2024. The company will also hold its third-quarter earnings conference call on November 20, 2024.
Fourth Quarter
The fourth quarter of Lowe’s fiscal year 2024 starts on November 1, 2024, and ends on January 31, 2025. The company will release its third-quarter 2024 earnings report on November 20, 2024. Lowe’s will also host its fourth-quarter and full-year 2024 earnings conference call on February 26, 2025.
Question and Answer
Q: How can I access Lowe’s financial reports?
A: You can access Lowe’s financial reports on the company’s investor relations website. The reports include earnings releases, SEC filings, annual reports, and investor presentations.
Q: What is Lowe’s dividend policy?
A: Lowe’s has a dividend policy of paying out 35% of its net earnings to shareholders. The company has consistently paid dividends for more than 50 years.
Q: What is Lowe’s stock symbol?
A: Lowe’s stock symbol is LOW, and it is traded on the New York Stock Exchange (NYSE).
Conclusion
Understanding Lowe’s fiscal year calendar is important for investors and stakeholders who want to track the company’s financial performance. By analyzing Lowe’s earnings reports and investor presentations, they can make informed decisions about buying or selling Lowe’s stock. With its strong dividend policy and consistent financial performance, Lowe’s is a great company to invest in for the long term.