Lowe's Companies, Inc.
0JVQ.L
London Stock Exchange213.07
USD
-7.37
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Lowe's Companies, Inc.
0JVQ.L
(London Stock Exchange)
Recent
price
213.07
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Lowe's Companies, Inc. (NYSE: LOW; LSE: 0JVQ) operates as a leading home improvement retailer in the United States, offering a comprehensive assortment of products for construction, maintenance, repair, renovation, and decoration; its core offerings include appliances, seasonal and outdoor living products, lumber, lawn and garden supplies, kitchen and bathroom fixtures, hardware, building materials, millwork, paints, plumbing supplies, tools, electrical products, flooring, and decorative hardware, supplemented by installation services through independent contractors, extended protection plans, repair services, national brand-name merchandise, and private label brands such as Kobalt tools and allen+roth. Headquartered in Mooresville, North Carolina, and founded in 1921 as a hardware store in North Wilkesboro, North Carolina, the company serves do-it-yourself homeowners, do-it-for-me customers, professional contractors, businesses, and government entities through approximately 1,750 retail stores across the United States, online via Lowes.com and mobile applications, and an expanding professional segment targeting the $250 billion building materials market. Primarily focused on the U.S. market following the 2023 divestiture of its Canadian operations to Sycamore Partners and prior exits from Mexico and Australia, Lowe's derives about 75% of revenue from DIY consumers and the balance from professional customers. In recent strategic developments, Lowe's completed its $8.8 billion acquisition of Foundation Building Materials (FBM) in October 2025, enhancing its professional customer offerings with expanded building materials distribution, faster fulfillment, AI-powered digital tools like Blueprint Takeoff integrated into the ProDesk platform, and a robust trade credit system, while strengthening presence in key U.S. regions including California, the Northeast, and Midwest; the deal, funded through short- and long-term debt, builds on the prior acquisition of Artisan Design Group (ADG) to form a comprehensive interior solutions platform for homebuilders amid a projected U.S. housing shortage of 16 million homes by 2033. These moves accelerate Lowe's Total Home strategy, emphasizing Pro segment growth, cross-selling synergies, and operational efficiencies expected to drive accretive earnings.