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

Dec 02, 2025 / 01:45PM GMT

Release Date Price: €211.75 (-0.12%)

Transcript 10-Q

Simeon Gutman

Morgan Stanley - Analyst

I'm Simeon Gutman, Morgan Stanley's hardline, broadlines, and food retail analyst. Welcome to day one of our Global Consumer & Retail Conference. I'm pleased to be joined by Lowe's, represented by Marvin Ellison, its Chairman, President, and CEO.

First, quick disclosure, and then I'm going to sit down. 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 your Morgan Stanley sales representative.

Quick intro, one question, and I'll sit. Lowe's has been one of the best transformation stories in retail over almost a decade, not quite yet. From I would call it triaging, operational execution, financial execution, to being one of the better operators across all of retail. And now, we're watching the beginning of a strategic pivot, slight pivot, and watching that in action.

So it's been a pleasure to do that. Thank you for being

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