lowes cos inc low announced a new 15 billion buyback authorization wednesday morning ahead of the companys investor day the program has no expiration date lowes still has 64 billion remaining on its prior buyback authorization the company reaffirmed its 2022 outlook in a wednesday morning release while in a presentation offered some fiscal 2023 targets those included one that saw revenue ranging from 87 billion in a weak market to 92 billion in a strong market comparablestore sales could be down 4 in a weak market to up 2 in a strong market lowes shares have lost 22 so far this year as the sp 500 spx has declined 17