Lowe's Companies Inc - Company Profile
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Lowe's Companies Inc (Lowe’s) is a home improvement products retailer. The company’s product portfolio includes kitchen appliances, building materials, tools and hardware, and lawn and garden. It also offers rough plumbing and electrical, seasonal and outdoor living, paint, flooring, millwork, and outdoor power equipment. Lowe’s offers services for both interior and exterior projects, including installed sales, protection plans, and repair services. It merchandises products through retail stores, online platforms, on-site, and contact centers. The company also offers its products through e-commerce portals such as Lowes.com and LowesForPros.com. Lowe's offers products under various private brand names such as Kobalt, allen+roth, and Stainmaster. It has a business presence in Canada and the US. Lowe's is headquartered in Mooresville, North Carolina, the US.
Headquarters
United States of America
Address
1000 Lowes Boulevard, Mooresville, North Carolina, 28117
Website
www.lowes.com
Telephone
1 704 7581000
No of Employees
182,000
Industry
Retailing
Ticker Symbol & Exchange
LOW (NYSE)
Revenue (2023)
$86.4B
-11%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
20%
(2023 vs 2022)
Market Cap*
$132.3B
Net Profit Margin (2023)
XYZ
34.8%
(2023 vs 2022)
* As of and is in US$
Lowe's Companies Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Appliances | Installed Sales |
| Lawn and Garden | Repair Services |
| Electrical | Extended Protection Plans |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a collaboration with Google to trial a retail media solution designed to boost privacy-centric advertising. |
| 2024 | Contracts/Agreements | In March, the company partnered with Shipt to offer same-day delivery services to its customers. |
| 2024 | Contracts/Agreements | In February, the company partnered with Sunrun to offer solar and storage services to households within numerous Lowe's stores across the country. |
Competitor Comparison
| Key Parameters | Lowe's Companies Inc | Walmart Inc | The Home Depot Inc | Best Buy Co Inc | Transform SR Brands LLC |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Mooresville | Bentonville | Atlanta | Richfield | Hoffman Estates |
| State/Province | North Carolina | Arkansas | Georgia | Minnesota | Illinois |
| No. of Employees | 182,000 | 2,100,000 | 471,600 | 90,000 | 89,000 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Marvin R. Ellison | Chief Executive Officer; President; Chairman | Executive Board | 2021 | 58 |
| Brandon Sink | Chief Financial Officer; Executive Vice President | Senior Management | 2022 | 45 |
| Clay Griggs | Chief Accounting Officer; Senior Vice President - Tax | Senior Management | - | - |
| Juliette Pryor | Chief Legal Officer; Executive Vice President; Secretary | Senior Management | 2023 | - |
| Seemantini Godbole | Chief Digital and Information Officer; Executive Vice President | Senior Management | 2022 | 53 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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