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Lowes a Fortune 500 Company

made over these past few months. (http://yahoo.marketguide.com) 9QUARTERLY INCOME STATEMENTIn Millions of U.S. Dollars(except for per share items)3 Months Ending 08/03/013 Months Ending 05/04/013 Months Ending 02/02/013 Months Ending 10/27/003 Months Ending 07/28/00Revenue 6,126.7 5,276.4 4,543.1 4,504.1 5,264.3 Other Revenue– – – – – Total Revenue 6,126.7 5,276.4 4,543.1 4,504.1 5,264.3 Cost of Revenue 4,409.0 3,782.8 3,251.8 3,204.8 3,812.2 Gross Profit 1,717.7 1,493.5 1,291.3 1,299.4 1,452.0 Selling/ General/ Administrative Expenses 999.7 939.7 874.9 809.4 857.1 Research & Development– – – – – Depreciation/ Amortization 124.6 119.1 112.0 104.7 98.5 Interest Expense, Net Operating 42.6 41.3 40.6 28.0 26.2 Interest/ Investment Income, Operating– – – – – Interest Expense (Income), Net Operating 42.6 41.3 40.6 28.0 26.2 Unusual Expense (Income)– – 0.0 – – Other Operating Expenses 28.5 35.8 41.0 37.2 27.9 Total Operating Expense 5,604.4 4,918.8 4,320.2 4,184.1 4,821.8 Operating Income 522.3 357.6 222.8 320.1 442.4 Splits: 29-Jun-92 [2:1] 4-Apr-94 [2:1], 29-Jun-98 [2:1], 2-Jul-01 [2:1]10InnovationInnovationEstablished as a non-profit organization in 1993, Lowe’s Home Safety Counsel (LHSC) is an organization designed to give back to the community by improving home safety awareness of the community. LHSC helps prevent the cost of home-related injuries by making the community safety conscious. LHSC donates money and effort to charitable and educational projects that are offered at no cost to community members. In 1996 Lowe’s Heroes program was developed by LHSC. This program helps create safer American homes by deploying volunteer teams of Lowe’s employees, with nonprofit organizations, and people in the community that work together on home safety projects all...

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