Lowe's Companies Inc
Company Profile
Business description
Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, 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 targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). 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
USAT: +1 704 758-1000
E: investorrelations@lowes.com
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Home Improvement Retail
Fiscal Year End
31 January 2025
Employees
284,000
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