Lowes Companies Stock Price, News & Analysis

Lowe's Companies has named Anatolia Tile & Stone, Chervon, and Larson as its 2021 Vendor Partners of the Year, recognizing their exceptional products and services. Additionally, Hampton Lumber received the Sustainability Award for its commitment to responsible wood sourcing. Over the past two years, Lowe's has contributed over $200 million to various community initiatives. The company highlighted other divisional winners across its merchandising categories, showcasing its partnerships that have adapted to evolving business demands amidst challenging times.

Lowe's Companies, Inc. (NYSE: LOW) announced that David M. Denton, Chief Financial Officer, will participate in a virtual fireside chat hosted by Guggenheim Securities. This event is scheduled for October 14, 2021, at 10:00 a.m. ET. Interested parties can listen to the live audio webcast by visiting Lowe's Investor Relations. The archived webcast will be available for one year after the event. Lowe's serves around 20 million customers weekly and reported nearly $90 billion in sales for fiscal year 2020.

Lowe's is excited to announce its first-ever "Hal-LOWE-en" Trick-or-Treat Tryouts on October 21 from 5-7 p.m., allowing families to celebrate Halloween safely post-pandemic. Registration is available on Lowes.com, with events limited to 100 participants per store to ensure safety measures such as social distancing and face coverings. Participants can enjoy candy and photo opportunities in a festive setting. Lowe's aims to support families seeking creative Halloween experiences, enriching its community engagement.

Lowe's announced a special 10% discount for eligible first responders from October 22 to 24, 2021, as a token of appreciation for their service. Those qualifying include firefighters, EMTs, police officers, nurses, and physicians. Registration for the coupon starts today and ends on October 24. Additionally, Lowe's will host fire safety education events across over 1,000 stores nationwide during Fire Safety Month. The company emphasizes its ongoing commitment to disaster relief, having donated over $2 million following Hurricane Ida.

Lowe's has launched the Home Team Contest this NFL season, allowing fans to join a team with 12 NFL stars and compete for prizes, including a trip to Super Bowl LVI. Participants can complete DIY projects and will receive a limited-edition jersey designed by Marcus Rivero. The initiative also includes community improvement projects, with 12 NFL players partnering with Lowe's to renovate homes in need. Additionally, Lowe's introduces officially licensed paint colors for all 32 NFL teams, supported by a comprehensive marketing campaign.

Lowe's Companies, Inc. (NYSE: LOW) announced on Sept. 13, 2021, its agreement to sell $1 billion of 1.700% Notes due 2028 and $1 billion of 2.800% Notes due 2041. The net proceeds from this $2 billion offering will be used for general corporate purposes. The closing date is expected to be on September 20, 2021, pending customary conditions. Barclays Capital, Goldman Sachs, U.S. Bancorp, and Wells Fargo are managing the offering, which is made under an effective registration statement with the SEC.

Lowe's Companies, Inc. (NYSE: LOW) will participate in a virtual fireside chat at the Goldman Sachs 28th Annual Global Retailing Conference on September 9, 2021, at 10:00 a.m. ET. Marvin R. Ellison, chairman and CEO, and David M. Denton, CFO, will represent the company. Participants can access the live audio webcast on Lowe's Investor Relations website, which will be archived for a year. Lowe's is a leading home improvement company, serving about 20 million customers weekly and reporting nearly $90 billion in sales for fiscal 2020.

Lowe's has pledged $2 million to aid recovery efforts following the devastation caused by Hurricane Ida. This donation includes $1 million for disaster relief partners like the American Red Cross and $1 million for product donations. The company is also supporting its associates with $500 for emergency needs, matching employee donations through the Lowe's Employee Relief Fund, and deploying over 240 Emergency Response Team members to affected areas. Lowe's is committed to assisting communities and ensuring essential supplies for recovery.

Lowe's has launched the #FallTogether Collective, featuring 10 creators to inspire customers in enhancing their outdoor spaces this fall. Starting today, customers can register for the Matchmaker Program for a chance to receive a $500 gift card and guidance from the Collective. The program runs until Labor Day, Sept. 6, complemented by the Lowe's Labor Day Savings Event from Aug. 26 to Sept. 8, offering significant discounts on tools and appliances. Lowe's aims to engage with customers on Instagram through DIY projects.