Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as appliances, décor, paint, hardware, millwork, lawn and garden, lighting, lumber and building materials, flooring, kitchens and bath, rough plumbing and electrical, seasonal and outdoor living, and tools. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers. As of January 29, 2021, it operated 1,974 home improvement and hardware stores. The company also sells its products through websites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1921 and is based in Mooresville, North Carolina.
IPO Year:
Exchange: NYSE
Website: lowes.com
Date | Price Target | Rating | Analyst |
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11/8/2024 | $275.00 → $305.00 | Market Perform → Outperform | Telsey Advisory Group |
10/22/2024 | $323.00 | Outperform | Bernstein |
10/9/2024 | $250.00 → $300.00 | Hold → Buy | Loop Capital |
10/2/2024 | $230.00 → $275.00 | Market Perform | Telsey Advisory Group |
9/24/2024 | $230.00 → $305.00 | Perform → Outperform | Oppenheimer |
4/3/2024 | $245.00 | Accumulate → Hold | Gordon Haskett |
3/27/2024 | $270.00 | Buy → Neutral | DA Davidson |
3/19/2024 | $280.00 | Buy | Mizuho |
2/12/2024 | $210.00 → $265.00 | Neutral → Overweight | JP Morgan |
1/22/2024 | Outperform → Perform | Oppenheimer |
MOORESVILLE, N.C., Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its 2024 Analyst and Investor Conference at 8 a.m. Eastern time on Wednesday, Dec. 11 in New York City. The company will provide updates on key growth initiatives and near-term and long-term financial targets. A webcast will be available by visiting the Events & Presentations section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available at 6 a.m. ET the morning of the event. What: 2024 Analyst and Investor Conference Wh
— Diluted EPS of $2.99; Adjusted Diluted EPS1 of $2.89 — — Comparable Sales Decreased 1.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C., Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $1.7 billion and diluted earnings per share (EPS) of $2.99 for the quarter ended Nov. 1, 2024, compared to diluted EPS of $3.06 in the third quarter of 2023. During the third quarter, the company recognized a $54 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted third quarter diluted EPS by $0.10. Excluding this gain, third quarter 2024 adjusted diluted EPS1 was $2.89.
MOORESVILLE, N.C., Nov. 15, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Feb. 5, 2025, to shareholders of record as of Jan. 22, 2025. About Lowe's Lowe's Companies, Inc. (NYSE:LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 as
MOORESVILLE, N.C., Nov. 12, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its Third Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Nov. 19. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call. What: Third Quarter 2024 Earnings Conference Call When: 9 a.m. ET on Tuesday, Nov. 19 Where: Visit the Quarterly Earnings section of the Lowe's Investor R
MyLowe's Rewards members now get free access to maintenance and care support for their home appliances MOORESVILLE, N.C., Nov. 4, 2024 /PRNewswire/ -- Lowe's is helping homeowners manage their homes in a whole new way with the introduction of the Lowe's Digital Home Platform, exclusively available to MyLowe's Rewards* members. Members can access free, personalized information about products in their homes, including warranties and manuals, maintenance suggestions and how-to content, recommended subscriptions and replacement parts from the palm of their hand. While the initial launch focuses on home appliances, the digital home platform will expand to include other aspects of the home to hel
Donation to support unprecedented recovery needs; adds to $2 million already pledged MOORESVILLE, N.C., Oct. 11, 2024 /PRNewswire/ -- Lowe's is donating an additional $10 million to support hurricane relief in the wake of the devastation in Western North Carolina from Hurricane Helene and the extensive damage from Hurricane Milton this week. The company's $12 million donation will continue to assist its nonprofit partners and first responders as they address urgent needs and unprecedented relief and recovery efforts. "The destruction in the western part of our home state is o
Lowe's recognizes Pella®, Schluter Systems and Klein Tools as This Year's Outstanding Suppliers; Henkel Named Lowe's Sustainability Partner of the Year MOORESVILLE, N.C., Oct. 1, 2024 /PRNewswire/ -- Lowe's Companies, Inc. announced it has named Pella®, Schluter Systems and Klein Tools as the company's 2024 Vendor Partners of the Year. The suppliers were recognized for their commitment to delivering quality products, innovation, value and service to Lowe's customers. Additionally, Lowe's has recognized Henkel as its Sustainability Partner of the Year for its commitment to redu
The company continues to deploy additional recovery supplies and over 150 associates to help communities recover MOORESVILLE, N.C., Sept. 30, 2024 /PRNewswire/ -- Lowe's is donating $2 million to support relief efforts in response to the catastrophic and multi-state impact of Hurricane Helene. Lowe's donation will assist its nonprofit partners and first responders, helping these organizations respond to critical needs like emergency shelter, food and water while also supporting long-term rebuilding and recovery. "This storm has created a life-altering path of destruction from Florida to the Mid-Atlantic – especially here in our home state of North Carolina," sai
Exclusive Member Event from October 10-16: A Celebration of Savings, Rewards, and More MOORESVILLE, N.C., Sept. 26, 2024 /PRNewswire/ -- Today, Lowe's announces its inaugural MyLowe's Rewards Week, running from October 10-16. This member-only event marks a major milestone, offering MyLowe's Rewards1 members the biggest deals of the year, with up to 40% off hundreds of items across categories such as appliances, home décor, holiday items, kitchen and bath essentials, paint and more. Whether shopping in-store or online, members will enjoy even more savings during this inaugural event, just ahead of the holiday season.
Retailer's new marketing campaign, featuring NFL star power like Travis Kelce, speaks to all the ways the brand is helping millennial homeowners tackle home improvement needs MOORESVILLE, N.C., Sept. 3, 2024 /PRNewswire/ -- Today Lowe's announced the sixth-consecutive renewal of its contract with the NFL for the 2024-25 season and the continuation of its longstanding partnership with the Carolina Panthers and Dallas Cowboys. As part of this season's fully integrated marketing campaign, the home improvement retailer showcases all the ways it helps homeowners with their "home game" this season, from Lowe's expert red vest support in-store to the easy-to-use mobile app and improved delivery op
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This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Below are some instances of options activity happening in the Consumer Discretionary sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/26/24 $250.00 $26.5K 13.1K 37.1K GM CALL TRADE
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This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume TSLA CALL SWEEP BEARISH 07/19/24 $260.00 $28.5K 25.3K 124.4K JMIA CALL SWEEP BULLISH 07/26/24 $17.00
Financial giants have made a conspicuous bearish move on Lowe's Companies. Our analysis of options history for Lowe's Companies (NYSE:LOW) revealed 26 unusual trades. Delving into the details, we found 34% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 9 were puts, with a value of $486,643, and 17 were calls, valued at $770,523. Predicted Price Range Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $210.0 to $280.0 for Lowe's Companies during the past quarter. Volume & Open Interest Trends Assessing the volume and open interest is a strategic step in options trading.
Investors with a lot of money to spend have taken a bullish stance on Lowe's Companies (NYSE:LOW). And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LOW, it often means somebody knows something is about to happen. So how do we know what these investors just did? Today, Benzinga's options scanner spotted 14 uncommon options trades for Lowe's Companies. This isn't normal. The overall sentiment of these big-money traders is split between 42% bullish and 35%, bearish. Out of all of
High-rolling investors have positioned themselves bullish on Lowe's Companies (NYSE:LOW), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in LOW often signals that someone has privileged information. Today, Benzinga's options scanner spotted 9 options trades for Lowe's Companies. This is not a typical pattern. The sentiment among these major traders is split, with 44% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $633,250, and 8 calls, totaling $293,421. Proje
A chorus of economists now loudly predicts that the Federal Reserve will soon begin cutting interest rates following the latest cooler-than-expected inflation report. In June, the Consumer Price Index (CPI) measured by the Bureau of Labor Statistics rose by 3% year-over-year, dropping from May's rate of 3.3% and falling below economists’ expectations of 3.1%. Significantly, the consumer spending basket contracted by 0.1% month-over-month, marking the first deflationary print since May 2020. Biden Praises Soft Inflation Data President Joe Biden highlighted the positive developments in a White House press release: “Today’s report shows that we are making significant progress fighting
Lowe's Companies (NYSE:LOW) has outperformed the market over the past 5 years by 2.1% on an annualized basis producing an average annual return of 15.26%. Currently, Lowe's Companies has a market capitalization of $121.55 billion. Buying $1000 In LOW: If an investor had bought $1000 of LOW stock 5 years ago, it would be worth $2,038.03 today based on a price of $213.30 for LOW at the time of writing. Lowe's Companies's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated con
Evercore ISI Group analyst Greg Melich maintains Lowe's Companies (NYSE:LOW) with a In-Line and lowers the price target from $250 to $225.
Exclusive Member Event from October 10-16: A Celebration of Savings, Rewards, and More MOORESVILLE, N.C., Sept. 26, 2024 /PRNewswire/ -- Today, Lowe's announces its inaugural MyLowe's Rewards Week, running from October 10-16. This member-only event marks a major milestone, offering MyLowe's Rewards1 members the biggest deals of the year, with up to 40% off hundreds of items across categories such as appliances, home décor, holiday items, kitchen and bath essentials, paint and more. Whether shopping in-store or online, members will enjoy even more savings during this inaugural event, just ahead of the holiday season.
To celebrate the launch of the all-new collection, HGTV Home by Sherwin-Williams becomes first paint brand to collaborate with cutting-edge interior design and technology company Palazzo to provide exciting new ways to instantly bring colors to life CLEVELAND, Aug. 5, 2024 /PRNewswire/ -- HGTV Home by Sherwin-Williams revealed "Naturally Refined" as its 2025 Color Collection of the Year with Quietude (HGSW6212) named as the brand's 2025 Color of the Year. "Naturally Refined" exudes quiet comfort and luxury through softened colors with subtle contrast and is inclusive of 10 unique shades that can be paired in endless combinations to perfectly tie together any space.
To Celebrate its Partnership with USA Track & Field, Lowe's Will Give Away American Flags to Loyalty Members MOORESVILLE, N.C., July 24, 2024 /PRNewswire/ -- Lowe's is partnering with Charlotte-based star Anna Cockrell as she becomes the newest member of Lowe's Home Team. Cockrell is the first female athlete to join the lineup of world-class athletes, including Dallas Cowboys Quarterback Dak Prescott, Pro Bowl Tight End Travis Kelce, Pro Bowl Running Back Christian McCaffrey and recently drafted New England Patriots Quarterback Drake Maye. On the heels of a successful partnership with Lionel Messi, Lowe's continues to drive engagement among sports fans around the country this summer.
Band's nonprofit helping funnel thousands of students into the workforce MOORESVILLE, N.C. and SAN RAFAEL, Calif., June 24, 2024 /PRNewswire/ -- The Lowe's Foundation is partnering with Metallica's All Within My Hands and its Metallica Scholars Initiative. The Metallica foundation's nationwide program is receiving a $500,000 donation to expand its support of skilled trades training for community college students as enrollments rise at vocationally focused schools. The $500,000 donation from the Lowe's Foundation will benefit hundreds of students at five community colleges.
Home improvement retailer provides materials for the 2024 NFL Draft stage and helps renovate local veteran community center in Detroit MOORESVILLE, N.C., April 24, 2024 /PRNewswire/ -- Top NFL prospect Drake Maye is the latest member of the Lowe's Home Team, joining a roster of professional football, basketball and soccer athletes improving communities around the country. Part of its multiyear agreement with the NFL, Lowe's is also lending a hand in preparation of the 2024 NFL Draft. Lowe's supplied materials and products to help build the Draft main stage, Green Room and ho
Foundation awards $1 million to SkillsUSA and rolls out the blue carpet for students at select Lowe's stores nationwide on May 7, inspiring Gen Z to join skilled trades movement MOORESVILLE, N.C., April 24, 2024 /PRNewswire/ -- To honor the future generation of Pros who are choosing careers in skilled trades, the Lowe's Foundation has awarded a $1 million Gable Grant to SkillsUSA. The foundation will join SkillsUSA to celebrate thousands of students nationwide on National Signing Day as they commit to skilled trades jobs, apprenticeships or further education in their trade. Select Lowe's stores will host blue carpet events for students, their families and future employers.
MOORESVILLE, N.C. and MIAMI, April 18, 2024 /PRNewswire/ -- To capture the hearts and minds of consumers through a shared love for soccer, Lowe's is delivering a hat trick for soccer fans. Lowe's is partnering with the best soccer player in the world, Lionel Messi, Major League Soccer Club Inter Miami CF and the upcoming CONMEBOL Copa América 2024 USA™. Through a multiyear agreement, Messi also becomes a member of Lowe's Home Team, making him the first soccer player to join the lineup of top NFL and NBA athletes who have helped improve communities around the country since 2020. "Lionel Messi is the GOAT of the assist," said Jen Wilson, Lowe's senior vice preside
MOORESVILLE, N.C., Jan. 12, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced the appointment of Margi Vagell as executive vice president, supply chain, effective March 1, 2024. Vagell succeeds Don Frieson, who has served as executive vice president, supply chain since 2018, and advised the company last year of his intention to retire on April 1, 2024. Vagell brings nearly 20 years of experience to the role. She has held numerous senior leadership positions since joining Lowe's in 2009, and has served as a senior vice president, general merchandising manager fo
Lowe's Home Team Expands with Addition of Hornets Legend Muggsy Bogues MOORESVILLE, N.C., Nov. 29, 2023 /PRNewswire/ -- Lowe's Companies, Inc. and the Charlotte Hornets today announced an extension of their long-term partnership in which the Mooresville-based company remains a Founding Level Partner and the team's Official Home Improvement Retailer. Under the multi-year agreement, Lowe's and the Hornets will continue to prioritize community engagement, which has been a key component of the partnership, including the annual Hornets Legacy Project Powered by Lowe's that aims to improve neighborhoods across Charlotte.
MOORESVILLE, N.C., June 19, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today announced the appointment of Quonta (Que) Vance as Executive Vice President, Pro and Home Services, effective immediately. He will report to Lowe's Chairman and CEO Marvin Ellison, leading this organization that focuses on two of the company's key growth areas. Vance most recently served as Lowe's Senior Vice President, Transportation and Final Mile. Vance has more than 25 years of retail experience and leadership roles with store operations, merchandising and supply chain across Lowe's, H
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Telsey Advisory Group upgraded Lowe's from Market Perform to Outperform and set a new price target of $305.00 from $275.00 previously
Bernstein initiated coverage of Lowe's with a rating of Outperform and set a new price target of $323.00
Loop Capital upgraded Lowe's from Hold to Buy and set a new price target of $300.00 from $250.00 previously
Telsey Advisory Group reiterated coverage of Lowe's with a rating of Market Perform and set a new price target of $275.00 from $230.00 previously
Oppenheimer upgraded Lowe's from Perform to Outperform and set a new price target of $305.00 from $230.00 previously
Gordon Haskett downgraded Lowe's from Accumulate to Hold and set a new price target of $245.00
DA Davidson downgraded Lowe's from Buy to Neutral and set a new price target of $270.00
Mizuho initiated coverage of Lowe's with a rating of Buy and set a new price target of $280.00
JP Morgan upgraded Lowe's from Neutral to Overweight and set a new price target of $265.00 from $210.00 previously
Oppenheimer downgraded Lowe's from Outperform to Perform
— Diluted EPS of $2.99; Adjusted Diluted EPS1 of $2.89 — — Comparable Sales Decreased 1.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C., Nov. 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $1.7 billion and diluted earnings per share (EPS) of $2.99 for the quarter ended Nov. 1, 2024, compared to diluted EPS of $3.06 in the third quarter of 2023. During the third quarter, the company recognized a $54 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted third quarter diluted EPS by $0.10. Excluding this gain, third quarter 2024 adjusted diluted EPS1 was $2.89.
MOORESVILLE, N.C., Nov. 15, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Feb. 5, 2025, to shareholders of record as of Jan. 22, 2025. About Lowe's Lowe's Companies, Inc. (NYSE:LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 as
MOORESVILLE, N.C., Nov. 12, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its Third Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Nov. 19. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call. What: Third Quarter 2024 Earnings Conference Call When: 9 a.m. ET on Tuesday, Nov. 19 Where: Visit the Quarterly Earnings section of the Lowe's Investor R
MOORESVILLE, N.C., Aug. 30, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Nov. 6, 2024, to shareholders of record as of Oct. 23, 2024. About Lowe's Lowe's Companies, Inc. (NYSE:LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 as
— Diluted EPS of $4.17; Adjusted Diluted EPS1 of $4.10 — — Comparable Sales Decreased 5.1% — — Updates Full Year 2024 Outlook — MOORESVILLE, N.C., Aug. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $2.4 billion and diluted earnings per share (EPS) of $4.17 for the quarter ended Aug. 2, 2024, compared to diluted EPS of $4.56 in the second quarter of 2023. During the second quarter, the Company recognized a $43 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted second quarter diluted EPS by $0.07. Excluding this gain, second quarter 2024 adjusted diluted EPS1 was $4.10.
MOORESVILLE, N.C., Aug. 13, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its Second Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, Aug. 20. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call. What: Second Quarter 2024 Earnings Conference Call When: 9 a.m. EST on Tuesday, Aug. 20 Where: Visit the Quarterly Earnings section of the Lowe's Investo
MOORESVILLE, N.C., May 31, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payable Aug. 7, 2024, to shareholders of record as of July 24, 2024. This represents a 5% increase over the company's previous dividend of one dollar and 10 cents ($1.10) per share. "While I am pleased with our continued progress toward becoming a world-class omnichannel retailer, as we transform the customer and associate experience, I am even more optimistic about the opportunities in
— Comparable Sales Decreased 4.1%; Diluted EPS of $3.06 — — Affirms Full Year 2024 Outlook — MOORESVILLE, N.C., May 21, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $1.8 billion and diluted earnings per share (EPS) of $3.06 for the quarter ended May 3, 2024, compared to diluted EPS of $3.77 in the first quarter of 2023, which included a gain associated with the 2022 sale of the Canadian retail business. Excluding this gain, first quarter 2023 adjusted diluted EPS1 was $3.67. Total sales for the quarter were $21.4 billion, compared to $2
MOORESVILLE, N.C., May 14, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its First Quarter 2024 Earnings Conference Call at 9 a.m. Eastern time on Tuesday, May 21. A webcast will be available by visiting the Quarterly Earnings section of the Lowe's Investor Relations website, ir.lowes.com. Supplemental materials will be available 15 minutes before the start of the conference call. What: First Quarter 2024 Earnings Conference Call When: 9 a.m. EST on Tuesday, May 21 Where: Visit the Quarterly Earnings section of the Lowe's Investor Rel
MOORESVILLE, N.C., March 22, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE:LOW) has declared a quarterly cash dividend of one dollar and 10 cents ($1.10) per share, payable May 8, 2024, to shareholders of record as of April 24, 2024. About Lowe'sLowe's Companies, Inc. (NYSE:LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 as