Marked against last year's 10-K:
cut words struck through, new words highlighted and underlined.
Risk Factors 171 words changed in this paragraph; it is 58% similar to last year's version.
The success of our strategic initiatives to adapt our business concept to our customers’ changing shopping habits and demands and changing demographics have required us to, and will continue to require us to, deliver large, complex programs requiring integrated planning, initiative prioritization, and program sequencing. These initiatives have required, and will continue to require, new competencies in many positions, and our management, associates, and contractors have had to, and will need to continue to, adapt and learn new skills and capabilities. To the extent they are unable or unwilling to make these changes, we may be unable to realize the full benefits of our strategic initiatives and expand our relevant market access. Failure to realize the benefits of amounts we invest in new technologies, products, or services could result in the value of those investments being written down or written off. In addition, to support our strategic initiatives and the related technology investments needed to implement our strategic investments, we must attract and retain a large number of skilled professionals, including technology professionals. The market for these professionals is increasingly competitive. Our results of operations, financial condition, or business prospects could also be adversely affected if we fail to provide a consistent experience for our customers, regardless of sales channel, if our technology systems do not meet our customers’ expectations, if we are unable to counteract new developments and innovations implemented by our competitors, or if we are unable to attract, retain, and manage the talent succession of additional personnel at various levels of the Company who have the skills and capabilities we need to implement our strategic initiatives and drive the changes that are essential to successfully adapting our business concept in the rapidly changing retail environment.
Source: Item 1A, 10-K 0000060667-26-000029 vs Item 1A, 10-K 0000060667-25-000049
MD&A 114 words changed in this paragraph; it is 51% similar to last year's version.
We have In fiscal 2025, we entered into a $2.0 billion five-year unsecured revolving third amended and restated credit agreement (the Third Amended and Restated (2025 Credit Agreement), with a syndicate of banks, which has a maturity date of December 2026 and an aggregate availability of $2.0 billion. We also have a September 2030, replacing the Company’s $2.0 billion five-year unsecured revolving credit agreement entered into in December 2021, and as amended (Third Amended and restated Restated Credit Agreement). We also have amended the five-year unsecured revolving credit agreement dated September 1, 2023 (the 2023 Credit Agreement), with a syndicate of banks, which has a maturity date of September 2028 and an aggregate availability of $2.0 billion. Subject to obtaining commitments from Under the lenders and satisfying other conditions specified in the Third Amended and Restated Credit Agreement and amendment, borrowings under the 2023 Credit Agreement (collectively, the Credit Agreements), the Company may increase the combined aggregate availability of the Credit Agreements by an additional $1.0 billion. will no longer be subject to a SOFR credit spread adjustment.
Source: Item 7, 10-K 0000060667-26-000029 vs Item 7, 10-K 0000060667-25-000049
Legal Proceedings 107 words changed in this paragraph; it is 51% similar to last year's version.
the Toxic Substances Control Act, the EPA’s Lead Renovation, Repair and Painting Rules, and with an EPA civil consent decree that the Company entered into in 2014 in the context of projects in homes constructed before 1978. In the third quarter of fiscal 2023, the EPA’s Region 5 and other EPA and U.S. Department of Justice representatives informed the Company that they have identified possible deviations from the consent decree. While we cannot predict On November 25, 2025, the ultimate outcomes Company, without admitting liability, agreed to resolve the matter by payment of these matters, we do not expect them a civil penalty of $12,500,000 and by entering into a second consent decree to have replace the 2014 consent decree. The second consent decree was lodged in the U.S. District Court for the Central District of California and is subject to a material adverse effect on our consolidated financial condition, results of operations, or cash flows. public comment period and court approval.
Source: Item 3, 10-K 0000060667-26-000029 vs Item 3, 10-K 0000060667-25-000049
Accounting Policies 73 words changed in this paragraph; it is 52% similar to last year's version.
Lowe’s Companies, Inc. and subsidiaries (the Company) is the world’s second-largest home improvement retailer and operated 1,748 1,759 stores and outlets in the United States as of January 31, 2025. On February 3, 2023, 30, 2026. In addition, Lowe’s completed operates over 540 branch locations in the sale United States and Canada, which include our current year acquisitions of its Canadian retail business, which operated 232 stores in Canada, as well as serviced 210 dealer-owned stores. The Canadian retail business included a number of complementary formats under the banners of RONA, Lowe’s Canada, Réno-Dépôt, Foundation Building Materials (FBM) and Dick’s Lumber. Artisan Design Group (ADG). See Note 6 2 for information on this divestiture. these acquisitions.
Source: Item 8, Note 1 – Summary of Significant Accounting Policies, 10-K 0000060667-26-000029 vs Item 8, Note 1 – Summary of Significant Accounting Policies, 10-K 0000060667-25-000049
