Lowe's Companies Inc (NYSE:LOW)

$ 273.8 0.61 (0.22%) Market Cap: 154.60 Bil Enterprise Value: 190.77 Bil PE Ratio: 22.84 PB Ratio: 0 GF Score: 83/100

Lowe's Companies Inc at Morgan Stanley Global Consumer & Retail Conference Transcript

Dec 05, 2023 / 01:45PM GMT

Release Date Price: $205.92 (-0.79%)

Transcript 10-Q

Simeon Ari Gutman

Morgan Stanley, Research Division - Executive Director

Okay. We're going to get started. Hi, everyone. I'm Simeon Gutman, Morgan Stanley's hardline, broadline and food retail analyst. It is my pleasure to welcome Lowe's to this conference, represented by Chairman, President and CEO, Marvin Ellison.

As many know the story, it's been one of the better retail stories over the last several years. Marvin has been engineering a transformation. We don't call a turnaround anymore over the last number of years. And it still remains one of the least expensive or at least demanding large-cap companies in consumer retail. I'm kind of waiting for the next cycle to turn to see how this business can continue to transform both the sales and margins, read a quick disclosure, and I'm going to sit down and chat with Marvin.

For important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to

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