Lowe's Companies Inc logo

Lowe's Companies Inc

10
3
NYSE:LOW (USA)   Ordinary Shares
$ 273.27 +4.73 (+1.76%) 04:00 PM EST
Market Cap:
$ 155.02B
Enterprise V:
$ 188.22B
Volume:
1.94M
Avg Vol (2M):
2.25M
Trade In:
Volume:
1.94M
Avg Vol (2M):
2.25M

Business Description

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 targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). 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.