Insight Report 8 minutes PremiumLowe’s 2016 Investor Meeting: Never Stop Improving Coresight Research December 8, 2016 Executive Summary Lowe’s held an investor meeting on December 7, two years after its last investor meeting. The major themes of the meeting were steady evolution to adapt to customers’ needs and investment in future growth opportunities. The company’s strategic priorities are to: expand home improvement reach to drive profitable share gains; further adapt to the customer, developing capabilities to anticipate and support his or her needs; and generate long-term profitable growth and substantial returns for shareholders. In customer relationships, the company plans to expand its home-improvement reach and further adapt to the customer to differentiate itself; empower customers throughout their project journeys; invest to deliver a differentiated experience; and leverage advanced analytics and use data-driven insights to relieve project pain points and influence project decisions. On the operations side, the company continues to invest to deliver an outstanding experience as well as superior customer service. It is empowering associates with digital assets, as well as improving operational efficiencies. In terms of development, the company has also expanded its geographic and customer reach with the acquisition of Orchard Supply Hardware and RONA, is seeing improved results in Mexico and is expanding its customer reach and capabilities in Canada. Lowe’s reiterated its financial guidance for the year; medium-term financial goals for 2017–2019 are 4% average revenue growth, resulting in 15% annual adjusted EPS growth, which is expected to create about $14 billion of cash to be returned to shareholders during this period. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: Hearing from Kroger and Ahold Delhaize at GroceryshopApril 2023 US Retail Sales: Growth Slows Further as Momentum Weakens Across the BoardKey Festivals and Holidays for Promotional Campaigns in India in 2024: CalendarThe Generative AI Playbook: Six Quick Wins Presented at the AI Summit New York 2023