Complete the reset of over 90% of U.S. stores
Delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 18 Nov 2020
- Due
- 31 Jan 2021
- Delivered
- by 31 Jan 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The Company expects to complete the reset of over 90% of its U.S. stores by the end of the fiscal year.”
What we found
Evidence strength A What the grades mean
Lowe's reported that approximately 95% of its U.S. store resets were completed by the end of the 2020 fiscal year, meeting the commitment to exceed 90%.
-
A Lowes Companies Inc. 10-K filed 2021-03-22
“The Company incurred approximately $260 million of incremental expense in 2020, which is reflected within selling, general and administrative (SG&A) expenses in the consolidated statement of earnings, with approximately 95% of the resets complete as of the end of the fiscal year.” ✓ confirmed on the page
Market reaction: the shares moved +1.2% against the S&P 500 over the three sessions around the disclosure (19 Mar 2021 to 24 Mar 2021). What this measures
Checked 2 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Project other
- Indicative materiality
- Low rules
- Action
- Complete
- Deliverable
- Reset of over 90% of U.S. stores
- Target
- 90 percent
- Where
- U.S.
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2020-LOW-003859 · Corrections policy