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Lowe's operates as a home improvement retailer. It offers a line of products for maintenance, repair, remodeling, and decorating. The Company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment. Lowe's also offers installation services through independent contractors in various product categories, extended protection plans, and in-warranty and out-of-warranty repair services. ... Show more
TypePublic
Founded1946
HQMooresville, US
Websitelowes.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Feb 2018)200,000(+6%)
Job Openings20,812
Revenue (FY, 2017)$68.6 B(+6%)
Share Price (Feb 2019)$104.2 (+3%)

Key People/Management at Lowe's

Marvin Ellison

Marvin Ellison

President, CEO
Ross McCanless

Ross McCanless

CLO & CCO
Michael McDermott

Michael McDermott

Chief Customer Officer
Richard Maltsbarger

Richard Maltsbarger

Head of Development
Jocelyn Wong

Jocelyn Wong

Svp, CMO
Jeff Vining

Jeff Vining

SVP, CCO and General Counsel
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Lowe's Office Locations

Lowe's has offices in Mooresville, Littlefield, Indianapolis, San Pedro Garza García and in 2 other locations
Mooresville, US (HQ)
1000 Lowes Blvd
Indianapolis, US
6620 Network Pl
Littlefield, US
1804 Hall Ave
Boucherville, CA
220 Chemin du Tremblay
Mississauga, CA
5150 Spectrum Way
San Pedro Garza García, MX
955 Av. Manuel Gómez Morín
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Lowe's Financials and Metrics

Lowe's Revenue

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Lowe's's revenue was reported to be $68.62 b in FY, 2017 which is a 5.5% increase from the previous period.
USD

Revenue (Q2, 2018)

20.9b

Gross profit (Q2, 2018)

7.2b

Gross profit margin (Q2, 2018), %

34.5%

Net income (Q2, 2018)

1.5b

EBIT (Q2, 2018)

2.2b

Market capitalization (15-Feb-2019)

83.7b

Closing stock price (15-Feb-2019)

104.2

Cash (3-Aug-2018)

2.3b

EV

97.3b
Lowe's's current market capitalization is $83.7 b.
Annual
USDFY, 2013FY, 2014FY, 2016FY, 2017FY, 2017

Revenue

53.4b56.2b59.1b65.0b68.6b

Revenue growth, %

5%5%10%6%

Cost of goods sold

34.9b36.7b38.5b42.6b45.2b

Gross profit

18.5b19.6b20.6b22.5b23.4b
Quarterly
USDQ3, 2013Q2, 2014Q1, 2014Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

17.4b20.9b

Cost of goods sold

11.3b13.7b

Gross profit

6.0b7.2b

Gross profit Margin, %

35%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2017FY, 2017

Cash

391.0m466.0m405.0m558.0m588.0m

Inventories

10.5b11.4b

Current Assets

10.3b10.1b10.6b12.0b12.8b

PP&E

19.5b19.7b
Quarterly
USDQ3, 2013Q2, 2014Q1, 2014Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

1.1b1.0b658.0m1.6b1.4b901.0m1.2b4.6b2.0b960.0m1.7b2.0b743.0m1.6b2.3b

Inventories

13.2b11.9b

Current Assets

11.4b11.1b12.0b12.1b12.8b11.4b12.4b16.5b13.4b12.7b14.0b15.3b14.0b16.0b15.5b

PP&E

19.5b19.2b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.3b2.7b2.5b3.1b3.4b

Depreciation and Amortization

1.6b1.6b1.5b

Inventories

(582.0m)(178.0m)(791.0m)

Accounts Payable

291.0m127.0m524.0m653.0m(92.0m)
Quarterly
USDQ3, 2013Q2, 2014Q1, 2014Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q1, 2018Q2, 2018

Net Income

2.0b1.7b624.0m2.2b673.0m1.8b2.5b884.0m2.1b2.4b2.0b602.0m988.0m2.5b

Depreciation and Amortization

1.2b798.0m398.0m1.2b391.0m791.0m1.2b383.0m778.0m1.2b768.0m389.0m387.0m751.0m

Accounts Payable

1.1b1.2b2.0b1.5b2.9b2.0b2.2b3.2b1.7b1.9b2.0b3.3b3.5b2.4b

Cash From Operating Activities

3.9b3.9b2.0b4.7b2.5b4.2b4.5b3.2b4.6b5.3b5.1b3.3b3.4b5.8b
USDY, 2018

EV/EBIT

45 x

EV/CFO

16.8 x

EV/FCF

18.6 x

Debt/Equity

2.7 x

Debt/Assets

0.4 x

Financial Leverage

6.4 x
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Lowe's Operating Metrics

Lowe's's Stores was reported to be 2.1 k in Q1, 2018.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Customer Transactions

212 m256 m213 m224 m265 m229 m238 m

Stores

1.84 k1.85 k1.85 k1.86 k2.11 k2.12 k2.14 k

Stores (US)

1.79 k1.81 k1.82 k

Stores (non-U.S.)

47 52 309
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Lowe's Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
GBI Delaware
Lowe’s Home Centers
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Lowe's Online and Social Media Presence

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Lowe's News and Updates

Lowe's to host National Hiring Day event seeking more than 50,000 store associates

Lowe's Cos. announced its second-annual National Hiring Day where the home improvement retailer expects to hire more than 50,000 store associates on a full-time, part-time and seasonal basis. In-store seasonal positions will cover the February through September period, with jobs including cashiers …

American homeowners are looking to spend an average of nearly $7,000 on their homes in the next 3 months — and it's good news for Home Depot and Lowe's (HD, LOW)

A report from UBS found that more American homeowners plan to tackle home-improvement projects this year. According to a survey of 2,000 adults, these consumers are planning on spending an average of nearly $7,000 fixing up their homes over the next few months. Home Depot and Lowe's stand to gain…

Lowe's CEO explains why millennials aren't killing the home-improvement market (LOW)

Millennials have been blamed for killing — or at least maiming — plenty of industries. But Lowe's CEO Marvin Ellison told the audience at the National Retail Federation's 2019 Big Show that he doesn't believe that the generation is eschewing home ownership and home improvement, like many have cla…

Lowe's is now the official home improvement sponsor of the NFL

Lowe's Cos. said Tuesday that it has become the official home improvement sponsor of the National Football League. The multi-year sponsorship will give Lowe's exposure at the Super Bowl, NFL draft, and other major events. The retailer will also be a presenting sponsor of the Super Bowl Experience a…

Lowe's scores massive NFL deal and takes direct aim at Home Depot's core customers (LOW, HD)

Lowe's scored a massive deal with the National Football League to become the league's official home-improvement retail sponsor. The exclusive, multi-year partnership will give Lowe's branding rights and marketing opportunities at key events including the Super Bowl and the NFL Draft. The deal cou…

Lowe's is one small drop from violating years-long support, and it could mean trouble

Big box retailers Home Depot and Lowe's are getting beaten down. Lowe's is a hair from breaking a key support level, says Trading Analysis.com's Todd Gordon.
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Lowe's Company Life and Culture

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Lowe's Frequently Asked Questions

  • When was Lowe's founded?

    Lowe's was founded in 1946.

  • Who are Lowe's key executives?

    Lowe's's key executives are Marvin Ellison, Ross McCanless and Michael McDermott.

  • How many employees does Lowe's have?

    Lowe's has 200,000 employees.

  • What is Lowe's revenue?

    Latest Lowe's annual revenue is $68.6 b.

  • What is Lowe's revenue per employee?

    Latest Lowe's revenue per employee is $343.1 k.

  • Who are Lowe's competitors?

    Competitors of Lowe's include Bed Bath & Beyond, Best Buy and Sam's Club.

  • Where is Lowe's headquarters?

    Lowe's headquarters is located at 1000 Lowes Blvd, Mooresville.

  • Where are Lowe's offices?

    Lowe's has offices in Mooresville, Littlefield, Indianapolis, San Pedro Garza García and in 2 other locations.

  • How many offices does Lowe's have?

    Lowe's has 6 offices.