Lowe's Companies, Inc.

Lowe's knows how to save pros, time, and money. Right now, get 10% off select in-stock Trex Enhanced Naturals composite decking and railings. And there's more. Now through September 1st, earn three times the bonus points per dollar on selects, past load, nailers, and nails. Lowe's knows savings. Lowe's knows pros. Labor Day savings start now at Lowe's. Get up to an additional $1,500 off select major kitchen appliances and save $100 off select laundry pairs priced $1,396 or more. Plus, pick up the latest DeWalt PowerStack 20-volt max 5-amp-hour battery kit and get a select bear tool free. Lowe's knows home improvement. Lowe's knows how to save pros time and money. Right now, take up to 40% off select bathroom vanities. Plus, get free local truck delivery. And there's more. Get a Kohler white elongated water sense toilet. Now just $199 was $249. That's a savings of $50. Because Lowe's knows savings. Lowe's knows pros. Lowe's knows you want more for the way you live. That's why we're bringing you an exciting, expanded assortment of products for your home, both inside and out. Now you can find pet and livestock supplies, cargo management accessories, and outdoor recreation items, including UTVs. Plus, don't forget about our everyday 10% military discount for active duty, retired, and military veterans and their spouses. Get more of what you need, all under one roof. Lowe's knows home improvement. Labor Day savings start now at Lowe's. For a limited time, buy one.

Good morning, everyone, and welcome to Lowe's Company's second quarter 2023 earnings conference call. My name is Rob, and I'll be your operator for today's call. As a reminder, this conference is being recorded. I'll now turn the call over to Kate Perlman, Vice President of Investor Relations and Treasurer.

Thank you, and good morning. Here with me today are Marvin Ellison, Chairman and Chief Executive Officer, Bill Boltz, our Executive Vice President, Merchandising, Joe McFarland, our Executive Vice President, Stores, and Brandon Sink, our Executive Vice President and Chief Financial Officer. I would like to remind you that our notice regarding forward-looking statements is included in our press release this morning, which can be found on Lowe's Investor Relations website. During this call, we will be making comments that are forward-looking, including our expectations for fiscal 2023. Actual results may differ materially from those expressed or implied as a result of various risks, uncertainties, and important factors, including those discussed in the risk factors, MD&A, and other sections of our annual report on Form 10-K and our other SEC filings. Additionally, we'll be discussing certain non-GAAP financial measures. A reconciliation of these items to U.S. GAAP can be found on the quarterly earnings section of our Investor Relations website. Now, I'll turn the call over to Marvin.