Lowe's Companies, Inc.

LOW · NYSE

Company research

Lowe's Companies, Inc. (NYSE: LOW) is a Fortune 50 home improvement retailer headquartered in Mooresville, North Carolina, and the second-largest home improvement retailer in the United States, serving approximately 20 million customers per week across more than 1,700 stores in all 50 states. Founded in 1921, the company offers an extensive range of products spanning appliances, building materials, lumber, lawn and garden, tools, flooring, plumbing, electrical supplies, and home décor, catering to both DIY consumers and professional contractors through a dual B2C and B2B business model. In addition to its brick-and-mortar footprint, Lowe's operates robust e-commerce platforms including Lowes.com and LowesForPros.com, complemented by mobile applications, while also providing installation services through independent contractors, extended protection plans, and in- and out-of-warranty repair services. Under the leadership of CEO Marvin R. Ellison, Lowe's employs approximately 300,000 associates and reported revenues of $83.7 billion in fiscal year 2024, holding an estimated 28.9% market share in the U.S. Home Improvement Stores industry.

Research reports

Documents

MorningstarWith Tepid Growth From DIY Consumers, Lowe's Stimulates Growth With Pro Acquisitions
MorningstarLowe's Earnings: Growth From Tie-Ups as Core Business Proceeds Steadily; Shares Undervalued
MorningstarWeak Housing Market and Acquisition Drag Weigh on Operating Margin Potential at Lowe's
MorningstarLowe's Earnings: Another Year of Tepid Housing-Related Demand Weighs on Operating Margin Potential
MorningstarWobbly Consumer Weighs on Near Term Demand at Lowe's but Brand Positioned for Long-Term Success
MorningstarLowe's Earnings: Investment in Pro Expansion Bolsters Sales Potential and Brand in Tough Environment
MorningstarLowe's Pursuit of Growth Leads It Into the Large Pro Segment, Expanding the Total Addressable Market
MorningstarLowe's Earnings: Core Business Marches Along While FBM Acquisition Provides Growth Opportunities
MorningstarWeather Stalls Spring Kickoff at Lowe's, but Solid Merchandising Holds Profit Margin Intact