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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported):
November 13, 2000
LOWE'S COMPANIES, INC.
(Exact name of registrant as specified in its charter)
North Carolina 1-7898 56-0578072
(State or other jurisdiction (Commission File No.) I.R.S. Employer
of incorporation) (Identification No.)
1605 Curtis Bridge Road
Wilkesboro, North Carolina 28697
(Address of principal executive offices)
(336) 658-4000
(Registrant's telephone number, including area code)
N/A
(former name or former address, if changed since last report)
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ITEM 9. Regulation FD Disclosure.
Lowe's has adopted the following policy on fair disclosure to investors:
POLICY REGARDING INFORMATION DISCLOSURE AND REGULATION FD
Lowe's has revised its disclosure policy for corporate earnings in
conjunction with new SEC rules on corporate disclosure. The Company will
provide forward-looking statements in its quarterly earnings news releases in
a section titled Lowe's Business Outlook. Lowe's Business Outlook will
describe the Company's outlook for the future and include guidance on total
sales, comparable store sales and earnings, as well as other information
management deems appropriate. Information included in Lowe's Business Outlook
will be based upon available data at the time of publication. From time to
time, if deemed appropriate, management may choose to update Lowe's Business
Outlook. However, management undertakes no obligation to update any forward-
looking statement, whether as a result of new information, future events, or
otherwise. If an update is deemed appropriate, the information will be in the
form of a news release. Lowe's will continue the practice of participating in
analysts' conferences and meeting privately with analysts, investors and the
media.
Earnings news releases may include "forward-looking statements" within
the meaning of Section 27A of the Securities Act and Section 21E of the
Exchange Act. Although the Company believes that comments reflected in such
forward-looking statements will be reasonable, it can give no assurance that
such expectations will prove to be correct. Possible risks and uncertainties
regarding these statements include, but are not limited to, the direction of
general economic trends, the availability of real estate for expansion and its
successful development, the availability of sufficient labor to facilitate
growth, fluctuations in prices and availability of product, unanticipated
increases in competition, weather conditions that affect sales, and greater
than anticipated disruption associated with the integration of Eagle Hardware
and Garden with Lowe's. Any additional risks and uncertainties that reflect
then current events and circumstances will be disclosed in future news
releases.
The Company is formalizing a "Quiet Period." The period will begin 10
business days prior to the end of each fiscal quarter and extend until the
public release of earnings. During this period, Lowe's representatives will
not comment on current trends or future expectations.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
Lowe's has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
LOWE'S COMPANIES, INC.
November 13, 2000 /s/ Kenneth W. Black, Jr.
___________________________________
Name: Kenneth W. Black, Jr.
Title: Senior Vice-President and
Chief Accounting Officer
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