美国劳氏公司Lowe's Companies（LOW）2025年第四季度及全年财报电话会议纪要「NYSE」（英文版）（18页）.pdf

1、LSEG STREETEVENTSEDITED TRANSCRIPTLOW.N-Q4 2025 Lowes Companies Inc Earnings CallEVENT DATE/TIME:FEBRUARY 25,2026/2:00PM GMTOVERVIEW:Company SummaryLSEG STREETEVENTS|Contact Us2026 LSEG.All rights reserved.Republication or redistribution of LSEG content,including by framing or similar means,is prohi

2、bited without the prior writtenconsent of LSEG.LSEG and the LSEG logo are registered trademarks of LSEG and its affiliated companies.CORPORATE PARTICIPANTSKate Pearlman Lowes Companies Inc-Vice President,Investor Relations&Treasurer.Marvin Ellison Lowes Companies Inc-Chairman of the Board,President,

3、Chief Executive OfficerWilliam Boltz Lowes Companies Inc-Executive Vice President-MerchandisingJoseph Mcfarland Lowes Companies Inc-Executive Vice President-StoresBrandon Sink Lowes Companies Inc-Chief Financial Officer,Executive Vice PresidentCONFERENCE CALL PARTICIPANTSPeter Benedict Robert W.Bair

4、d&Co Inc-AnalystChristopher Horvers JPMorgan Chase&Co-AnalystKate McShane Goldman Sachs Group Inc-AnalystMichael Lasser UBS AG-AnalystJonathan Matuszewski Jefferies LLC-AnalystBrian Nagel Oppenheimer&Co Inc-AnalystPRESENTATIONOperatorGood morning,everyone,and welcome to Lowes Companies fourth quarte

5、r 2025 earnings conference call.My name is Rob,and Ill beyour operator for todays call.As a reminder,this conference is being recorded.Ill now turn the call over to Kate Pearlman,Vice President of Investor Relations and Treasurer.Kate Pearlman-Lowes Companies Inc-Vice President,Investor Relations&Tr

6、easurer.Thank you,and good morning.Here with me today are Marvin Ellison,Chairman and Chief Executive Officer;Bill Boltz,our Executive VicePresident,Merchandising;Joe McFarland,our Executive Vice President,Stores;and Brandon Sink,our Executive Vice President and ChiefFinancial Officer.I would like t