Lowes Companies - LOW STOCK NEWS

Lowe's has launched a nationwide campaign called #BuildThanks with the goal of collecting one million thank yous by May 2 for disaster response heroes. The initiative coincides with the reopening of their East Asheville store, which was damaged by Hurricane Helene.

The campaign honors first responders, volunteers, and nonprofits who assist in disaster recovery efforts across the country, including recent tornadoes, floods, and wildfires. Communities can participate by delivering thank you notes to the East Asheville store or posting messages using #BuildThanks on social media.

As part of their commitment to disaster recovery, Lowe's has invested nearly $14 million in response to Hurricanes Helene and Milton, plus $2 million for wildfire relief in Southern California.

Lowe's Companies (NYSE: LOW) has announced a definitive agreement to acquire Artisan Design Group (ADG) for $1.325 billion. ADG, with fiscal 2024 revenue of $1.8 billion, is a leading nationwide provider of design, distribution, and installation services for interior surface finishes to homebuilders and property managers.

ADG's network includes over 3,200 specialized installers and serves both single-family and multifamily homebuilders. The acquisition will expand Lowe's Pro offering into a new distribution channel within a $50 billion market. The transaction, to be financed with cash on hand, is expected to close in Q2 2025, subject to regulatory approvals.

The strategic move aims to capitalize on the projected demand for new home construction, with an estimated need for 18 million homes in the United States by 2033. ADG's expertise in flooring, cabinets, and countertops, combined with Lowe's scale, is expected to enhance offerings to an expanded Pro customer base.

Lowe's Companies (NYSE: LOW) has agreed to acquire Artisan Design Group (ADG) from The Sterling Group for $1.325 billion. ADG, headquartered in Dallas, is a leading nationwide provider of design, distribution, and installation services for interior surface finishes, operating 132 facilities across 18 states with over 3,200 personnel.

The acquisition will expand Lowe's Pro offering into a new distribution channel within a $50 billion market. With projections indicating a need for 18 million homes in the United States by 2033, new home construction is expected to drive Pro planned spending for the next decade.

Under Sterling's ownership since 2018, ADG completed 15 acquisitions. The transaction is expected to close in Q2 2025, subject to regulatory approvals and customary closing conditions.

Lowe's (LOW) has announced a groundbreaking collaboration with EA SPORTS, marking its first-ever appearance across multiple EA SPORTS gaming titles. The partnership includes integration into EA SPORTS FC™, Madden NFL, and College Football games.

The home improvement retailer will be featured through various gameplay experiences, including the Stadium Pulse placement in EA SPORTS College Football 26 and Ultimate Team™ challenges in EA SPORTS FC™ and Madden NFL. These challenges will offer rewards through the MyLowe's Rewards loyalty platform.

Additionally, Lowe's plans to launch an 'On the Road' interactive gaming experience featuring Madden NFL, which will tour across the country during the NFL season. More details about this initiative will be released in late summer.

This strategic move expands Lowe's sports marketing portfolio and aims to connect with digitally savvy audiences and future home improvers through immersive gaming experiences.

Mesa has announced a groundbreaking partnership with Lowe's Companies (LOW) to enhance rewards for homeowners. Through this collaboration, Mesa Homeowners Card members can earn up to $120 annually in statement credits ($30 per quarter) when making purchases at Lowe's stores or Lowes.com, provided their card is linked to a MyLowe's Rewards account.

The partnership aims to make home improvement more affordable by offering dollar-for-dollar credits on Lowe's purchases. This benefit adds to Mesa's existing homeowner-focused rewards program, which includes partnerships with Sam's Club, Thumbtack, Cozy Earth, Wag!, and The Farmer's Dog. The Mesa Homeowners Card features no annual membership fees and allows cardmembers to earn Mesa Points on mortgage payments and home-related purchases.

Lowe's (LOW) has announced a $2 million investment to support ongoing disaster recovery efforts in Western North Carolina, six months after Hurricane Helene. The investment includes $1 million for temporary housing in rural areas. This brings Lowe's total investment in Hurricanes Helene and Milton recovery to $14 million.

The funding will support three key initiatives: partnering with Appalachia Service Project (ASP) for temporary housing units, collaborating with the National Center for Construction Education and Research (NCCER) to launch a Rapid Recovery Construction Academy, and working with Purple Heart Homes to provide critical home repairs for veterans in disaster-impacted counties.

Additionally, Lowe's will reopen its East Asheville store on May 2, which was closed due to flood damage from Helene, with over 100 original employees returning to work.

BetterInvesting Magazine has selected Lowe's Cos. (NYSE: LOW) as its 'Stock to Study' for the June/July 2025 double issue, suggesting the stock warrants further investigation from a valuation perspective. The magazine provides comprehensive fundamental data including sales, earnings, pre-tax profit, and return on equity through the National Association of Investors platform.

Additionally, the publication's Editorial Advisory and Securities Review Committee has identified ICON PLC (NASDAQ: ICLR) for fundamental review in the same issue, specifically from an undervalued perspective. The committee's analysis is conducted by six CFA-qualified members.

Lowe's Companies (NYSE: LOW) has announced its board of directors has declared a quarterly cash dividend of $1.15 per share. The dividend will be paid on May 7, 2025, to shareholders who are on record as of April 23, 2025.

Lowe's launches its annual SpringFest event starting March 20, 2025, offering significant savings on seasonal items including lawn & garden supplies, grills, patio furniture, outdoor power equipment, appliances, and paint. MyLowe's Rewards and MyLowe's Pro Rewards members get exclusive access to doorbuster deals and additional benefits.

Key promotions include up to 40% off select major appliances, 5 for $10 Sta-Green Premium Color Mulch, and savings on EGO Power+ equipment. New this year is Mulch Week (April 3-9) featuring 5x bonus points on select mulch purchases for loyalty members. The company is also introducing exclusive products from brands like Weber Stealth® Grills and expanding its private label offerings including Lowe's Essentials.

All stores will be closed on Easter Sunday (April 20), with a special online-only sale available on Lowes.com that day.