Lowe's Companies Inc

Company Profile

• Business description

  Lowe's is the second-largest home improvement retailer globally, with more than 1,750 stores in the US, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two-thirds of products sold. Lowe's primarily targets retail do-it-yourself (around 70% of sales) and do-it-for-me customers, but has expanded its professional business clients to 30% from less than 20% in the past six years (set ot expand further with the acquisition of FBM). We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.

• Contact

  1000 Lowes Boulevard
  MooresvilleNC28117
  USA

  T: +1 704 758-1000

  E: [email protected]

  https://www.lowes.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Home Improvement Retail

  Fiscal Year End

  31 January 2027

  Employees

  270,000