Lowe's Companies (LOW)

Common Stock
Sell: $241.71|Buy: $242.48|Change: 1.63 (0.68%)

Company profile

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, Reno-Depot, 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.

Address

1000 Lowe's Boulevard
Mooresville
NC
USA
28117


Telephone

+1 615 986-5600


Sector 

Consumer Cyclical


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