Lowe's Companies, Inc.
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ROIC.AI
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- Lowe's Companies, Inc. operates as a leading home improvement retailer in the United States, offering a comprehensive selection of products for construction, maintenance, repair, remodeling, and decorating; key categories include appliances, seasonal and outdoor living items, lumber, lawn and garden supplies, kitchens and bath fixtures, hardware, building materials, millwork, paint, rough plumbing, tools, electrical products, flooring, and decor, complemented by national brands, private labels, installation services through independent contractors in over 40 categories such as flooring, appliances, windows/doors, plumbing, and lighting, as well as Lowe's Protection Plans, Repair Services, and an omnichannel platform integrating physical stores with e-commerce. Founded in 1921 and headquartered in Mooresville, North Carolina, the company serves approximately 20 million customers weekly through more than 1,700 stores primarily in the United States, with additional operations and distribution networks in Canada and Mexico targeting do-it-yourself homeowners, renters, professional contractors, homebuilders, and property managers. In recent developments, Lowe's completed the $8.8 billion acquisition of Foundation Building Materials in October 2025 to expand its Pro offerings with enhanced product assortment, faster fulfillment, digital tools, and trade credit in key geographies including California, the Northeast, and Midwest; it also finalized the acquisition of Artisan Design Group in June 2025, creating a comprehensive interior solutions platform for flooring, cabinets, countertops, and homebuilder services, while reporting third-quarter 2025 net earnings of $1.6 billion and updating full-year sales outlook to $86 billion.
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