Lowe's
The second-largest hardware retailer in the U.S., Lowe’s is behind only Home Depot. Lowe’s owns and operates over 2,100 retail stores in all 50 states and Canada. Like its main competitor, Lowe’s saw its business boom in 2020 during the global pandemic, in which millions of Americans confined indoors decided to make their homes more functional for a work-from-home lifestyle. In 2021, to celebrate the 100th anniversary of its founding, Lowe’s announced in March that it would sponsor community restoration projects in 100 U.S. cities and towns, providing a total of $10 million for select projects.
Mario Tama—Getty Images
Company Information
As of 6/5/23
Country
U.S.
Headquarters
Mooresville, N.C.
Industry
Specialty Retailers: Other
CEO
Marvin R. Ellison
Website
Company Type
Public
Ticker
LOW
Revenues ($M)
$97,059
Profits ($M)
$6,437
Market Value ($M)
$119,253
Employees
244,500
Figures are for fiscal year ended Jan. 31, 2023. Market value as of March 31, 2023.
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
10.17
EPS % Change (from 2021)
-15.5%
EPS % Change (5 year annual rate)
20%
EPS % Change (10 year annual rate)
19.7%
Total Return
Total Return to Investors (2022)
-21.5%
Total Return to Investors (5 year, annualized)
18.5%
Total Return to Investors (10 year, annualized)
20.9%
America's Most Innovative Companies
Sector
Retailing
Culture rank
295
Process rank
294
Product rank
126
World's Most Admired Companies
Sector
Stores and Distributors
Industry
Specialty Retailers
Current All-Star Rank
49
Previous All-Star Rank
44*
Industry Rank
5
Previous Industry Rank
1
Overall Score
6.33
Innovation
3
People Management
2
Use of Corporate Assets
6
Social Responsibility
5
Quality of Management
5
Financial Soundness
6
Long-Term Investment Value
6
Quality of Products/Services
4
Global Competitiveness
9
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$96,250
7.4%
Profits ($M)
$8,442
44.7%
Assets ($M)
$44,640
-
Total Stockholder Equity ($M)
$-4,816
-
Profit Ratios
Profit as % of Revenues
8.8%
Profits as % of Assets
18.9%
Profits as % of Stockholder Equity
-
Latest news for Lowe's
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