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Lowe's Financial Statement Analysis

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Unit 1 – Lowes Companies Financial Statements
Nataraja Perumal Nallathamby
Globe University/Minnesota School of Business
AC505. Fiscal Resources
Angie Norbek
Date of Submission: August 06, 2015

Lowe’s Companies Financial Statements
This assignment explains about Lowe’s Companies Financial Statements with more details on Lowe’s balance sheet, its assets, current liability, Lowe’s stockholders’ equity, Lowe’s statement of cash flows etc.
Introduction
Lowe’s is a multinational company with a chain of companies in the United States, Mexico & Canada. Lowe’s is helping large number of customers in these countries in improving their home improvement over more than 60 years. Lowe’s offers a variety of home improvement products and to name a few, it offers cleaning supplies, Hardware, Outdoor related tools, equipment and furniture, home decor, flooring, bathroom etc.
Lowe’s Companies, Inc. and subsidiaries (the Company or Lowe’s) is a Fortune® 100 company and the world’s second largest home improvement retailer. As of January 30, 2015, Lowe 's operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowe 's is comprised of 1,793 stores …show more content…

The income statement from Lowe’s Companies, Inc. covers consolidated statements of earnings, consolidated statements of Comprehensive Income, Consolidated Balance Sheets which covers assets and liabilities, Consolidated Statements of Shareholders ' Equity, Consolidated Statements of Cash Flows. In overall, Lowe’s made a good business in the year 2014 when compared to its revenue in 2013. The net earnings of Lowe’s in 2013 (as of Jan 31, 2014) was USD 2,286 million, whereas the net earnings in 2014 is (as of Jan 31, 2015) is USD 2,698

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Part B: Business Strategy Mission/vision statement - Our mission is to provide impactful support to local communities. We've stepped up our efforts to help families and communities manage through challenging economic times. Interpretation of Mission/Vision Statement – Lowes’ mission is to provide Home improvement products to customers at great affordable prices, while helping the communities as well. SWOT Analysis: Strengths: - Great products and organization - Lowe’s has organized departments that cater to customer’s needs.

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