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  • Previous Rank
    122
  • Revenues ($M)
    $68,619
  • Revenue Percent Change
    5.5%
  • Profits ($M)
    $3,447.00
  • Profits Percent Change
    11.4%
  • Assets ($M)
    $35,291.00
  • Employees
    255,000

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.

Company Information

Figures are for fiscal year ended Jan. 31, 2018.
CEO
Marvin R. Ellison
Sector
Retailing
Industry
Specialty Retailers
HQ Location
Mooresville, N.C.
Websitehttp://www.lowes.com
Years on Global 500 List21
Employees255,000
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Lowe’s Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$68,6195.5%
Profits ($M)$3,447.0011.4%
Assets ($M)$35,291.00-
Total Stockholder Equity ($M)$5,873.00-

Profit Ratios

Profit as % of Revenues5%
Profits as % of Assets9.8%
Profits as % of Stockholder Equity58.7%