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 |
---|---|---|---|
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 |
TROY, Mich., March 24, 2025 /PRNewswire/ -- Lowe's recent report has investors wondering if the company's stock is overvalued. Or is it in the buy range? As such, the Editorial Advisory and Securities Review Committee of BetterInvesting Magazine considers Lowe's Cos. (NYSE:LOW) as worthy of further study and has named the company its "Stock to Study" for the June/July 2025 double issue for investors' informational and educational use. The fundamental data is eye-opening; investors can view Lowe's sales, earnings, pre-tax profit, return on equity, and more all on one page, courtesy of the National Association of Investors, at: https://ssg.betterinvesting.org/trial/ssgplus/?ticker=LOW. A full
MOORESVILLE, N.C., March 21, 2025 /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 May 7, 2025, to shareholders of record as of April 23, 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 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 a
Homeowners and Pros alike can enjoy great savings store and sitewide – MyLowe's Rewards and MyLowe's Pro Rewards members will find additional member-only doorbuster deals and additional points boosters MOORESVILLE, N.C., March 18, 2025 /PRNewswire/ -- With warmer weather and longer days approaching, homeowners across the country are ready to tackle home and garden projects big and small this spring season. Lowe's knows just how to help with the spring's BEST deals, exclusive products and brands and free loyalty member perks for both the homeowner and Pro. As the "springtime feeling" continues to inspire, Lowe's is empowering homeowners to tackle to-do lists and Pros to get their jobs done wi
Customers can now make a free in-store appointment to visualize their dream kitchen using Lowe's first-to-market experience CHARLOTTE, N.C., March 10, 2025 /PRNewswire/ -- Lowe's today announces the launch of Lowe's Style Studio™ for Apple Vision Pro in five stores across Austin, Texas, and its metro area. The breakthrough app, developed by Lowe's, allows customers to visualize and design a dream kitchen within an immersive, 3D experience. "By combining the power of Lowe's Style Studio with our passion for helping customers, Lowe's is transforming the retail experience like n
Customers can now "ask Mylow" home improvement questions with real-time answers from the palm of their hand MOORESVILLE, N.C., March 5, 2025 /PRNewswire/ -- Today, Lowe's is introducing the newest member of its team: Mylow. Designed to help customers navigate the many questions that come with owning a home from project know-how, to how-to advice to top-rated product searches and more -- Mylow joins Lowe's team of approximately 300,000 friendly and knowledgeable associates who are committed to unmatched customer service and making Lowe's the most assistive brand in home improvement. Today, Lowe's introduces the newest member of its team: Mylow, the first AI-powe
NEW YORK, Feb. 27, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on February 27th Markets up fractionally higher as investors digest Nvidia resultsNvidia results show demand for AI chips remainsSnowflake (NYSE:SNOW), TJX (NYSE:TJX), Lowe's (NYSE:LOW) post strong earningsWatch NYSE TV Live every weekday 9:00-10:00am ET View original
New funding expands foundation's roster of funded partners to 52 organizations offering scalable training programs in dozens of states MOORESVILLE, N.C., Feb. 27, 2025 /PRNewswire/ -- The Lowe's Foundation today announced nearly $9 million in Gable Grants to strengthen 15 nonprofits on the front lines of a growing skilled trades workforce movement. From Alaska to Mississippi, each organization is helping prepare new tradespeople as rising wages fuel more career opportunities. Over the past 12 months in construction alone, average hourly earnings have risen 4.4%, according to Associated Builders and Contractors. "We listen closely to contractors and know that ma
— Comparable Sales Increased 0.2% —— Diluted EPS of $1.99; Adjusted Diluted EPS1 of $1.93 —— Provides Full Year 2025 Outlook — MOORESVILLE, N.C., Feb. 26, 2025 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $1.1 billion and diluted earnings per share (EPS) of $1.99 for the quarter ended Jan. 31, 2025, compared to diluted EPS of $1.77 in the fourth quarter of 2023. During the fourth quarter, the company recognized a $80 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted fourth quarter diluted EPS by $0.06. Excluding this gain, fourth quarter 2024 adjusted diluted EPS1 was $1.93.
NEW YORK, Feb. 24, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Trinity Chavez delivers the pre-market update on February 24th Home Depot (NYSE: HD) & Lowe's (NYSE:LOW) to report earnings this weekNvidia to report earnings on WednesdayInvestors anticipate a new week of key economic and inflation dataWatch NYSE TV Live every weekday 9:00-10:00am ET View original content to do
MOORESVILLE, N.C., Feb. 19, 2025 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its Fourth Quarter & Fiscal 2024 Earnings Conference Call at 9 a.m. Eastern time on Wednesday, Feb. 26. 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: Fourth Quarter & Fiscal 2024 Earnings Conference Call When: 9 a.m. ET on Wednesday, Feb. 26 Where: Visit the Quarterly Earnings sectio
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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
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
4 - LOWES COMPANIES INC (0000060667) (Issuer)
MOORESVILLE, N.C., March 21, 2025 /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 May 7, 2025, to shareholders of record as of April 23, 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 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 a
— Comparable Sales Increased 0.2% —— Diluted EPS of $1.99; Adjusted Diluted EPS1 of $1.93 —— Provides Full Year 2025 Outlook — MOORESVILLE, N.C., Feb. 26, 2025 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) today reported net earnings of $1.1 billion and diluted earnings per share (EPS) of $1.99 for the quarter ended Jan. 31, 2025, compared to diluted EPS of $1.77 in the fourth quarter of 2023. During the fourth quarter, the company recognized a $80 million pre-tax gain associated with the 2022 sale of the Canadian retail business. This positively impacted fourth quarter diluted EPS by $0.06. Excluding this gain, fourth quarter 2024 adjusted diluted EPS1 was $1.93.
MOORESVILLE, N.C., Feb. 19, 2025 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE:LOW) announced today that it will hold its Fourth Quarter & Fiscal 2024 Earnings Conference Call at 9 a.m. Eastern time on Wednesday, Feb. 26. 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: Fourth Quarter & Fiscal 2024 Earnings Conference Call When: 9 a.m. ET on Wednesday, Feb. 26 Where: Visit the Quarterly Earnings sectio
— 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
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