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  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
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  "authorName": "Pershing Square Holdings",
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  "presentationDate": "2022-02-11 00:00:00",
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      "kind": "callout",
      "text": "LOW's share price including dividends increased 63% in 2021 and has decreased 10% year-to-date in 2022(1)",
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      "text": "Note: The performance of Lowe's share price is provided for illustrative purposes only and is not an indication of future returns of the Pershing Square funds. *Average cost at announcement date. Please see the additional disclaimers and notes to performance results at the end of the presentation. (1) As of 2/8/2022.",
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      "text": "12/9/2020: LOW 2020 Analyst Day highlights progress across many fronts. Introduces revised medium-term operating margin target of 13%",
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      "text": "12/12/18: LOW 2018 Analyst Day. Introduces 12% operating margin target",
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      "text": "5/22/18: Lowe's hires Marvin Ellison as CEO",
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      "text": "LOW Share Price Performance Since Inception",
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