Close the sale of the Canadian retail business to Sycamore Partners
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
- 3 Nov 2022
- Due
- 31 Mar 2023
- Delivered
- 3 Feb 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close in early 2023, subject to customary closing conditions and regulatory approvals.”
What we found
Evidence strength A What the grades mean
Lowe's successfully completed the sale of its Canadian retail business on February 3, 2023, which falls within the early 2023 timeframe.
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A Lowes Companies Inc. 10-K filed 2024-03-25
“The Canadian retail business was sold on February 3, 2023.” ✓ confirmed on the page
Market reaction: the shares moved -2.4% against the S&P 500 over the three sessions around the disclosure (22 Mar 2024 to 27 Mar 2024). What this measures
Checked 3 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Sale of Canadian retail business
- Where
- Canada
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: customary closing conditions; regulatory approvals
- Depends on
- Regulatory, Counterparty
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-2022-LOW-004545 · Corrections policy