Lowe's Companies Inc. (LOW)

Lowe's is the second-largest home improvement retailer globally, with 1,761 stores in the US, after the 2023 divestiture of its Canadian locations. 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 (more than 60% of sales) and do-it-for-me customers, but has expanded its professional business clients to more than 30% from less than 20% in the past seven years (set to expand further with growth of FBM locations). 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.

Industry: Retail-Lumber & Other Building Materials Dealers (SIC 5211)

Market region: US

Address: 1000 Lowes Blvd., Mooresville, NC, 28117

Market capitalization

117.30 billion USD (117,299,563,752 USD)

Listing date

06/01/1972

Weighted shares outstanding

561,054,019

Share class shares outstanding

561,054,019

https://www.lowes.com