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 primarily targets retail do-it-yourself (around 70% of sales in 2024) and do-it-for-me customers, but has expanded its commercial and professional business clients to 30% from less than 20% in the past six years. 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
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Home Improvement Retail
Fiscal Year End
31 January 2025
Employees
284,000
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