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Global 500

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128

Lowe’s

LOW

U.S.

Home improvement chain Lowe’s has not been immune to the forces turning the retail world upside down as more consumers make their purchases digitally. Such shifts led the company to lay off close to 3,000 employees last year. At the same time, Lowe’s is shifting resources to invest in the future, and its Innovation Labs partner with outside organizations like Google and Microsoft to develop technology to improve store operations and customer experience.

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CEO

Marvin R. Ellison

Sector

Retailing

Industry

Specialty Retailers

HQ Location

Mooresville, N.C.

Years on Global 500 List

21

Employees

255,000

Figures are for fiscal year ended Jan. 31, 2018.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$68,6195.5%
Profits ($M)$3,447.011.4%
Assets ($M)$35,291
Total Stockholder Equity ($M)$5,873
Profit Ratios
Profit as % of Revenues5.0%
Profits as % of Assets9.8%
Profits as % of Stockholder Equity58.7%
STOCK QUOTE
()0.00 0.00 (0)
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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  • Dividend Yield: n/a

News about Lowe’s

From Lowe's to Home Depot, This Is How Businesses Prepare for a Hurricane

Welcome to the world of the home improvement employee working in America’s hurricane hotspots.

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Consumers Are Spending Like Crazy Again. Here's Why

Economic growth and low unemployment contribute to consumer optimism.

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