Company Description
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company in the retail trade sector, classified in the home centers industry. According to company disclosures, Lowe’s serves approximately 16 million customer transactions a week and generates total fiscal year 2024 sales of more than $83 billion. The company operates over 1,700 home improvement stores, 530 branches and 130 distribution centers, and is based in Mooresville, North Carolina.
Lowe’s positions itself as a home improvement retailer for a broad range of projects, from everyday maintenance and repair to larger-scale work. Company descriptions emphasize that Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. This community focus appears consistently across multiple corporate announcements and investor communications.
Business focus and customer base
Across its U.S. operations, Lowe’s describes itself as serving both homeowners and professional customers. Public statements reference offerings for home decorating, maintenance, repair and remodeling, and note that the company’s strategy includes serving professional (“Pro”) customers as well as consumers. The acquisition of Foundation Building Materials (FBM) and Artisan Design Group (ADG), as discussed in recent press releases and Form 8-K filings, is framed by Lowe’s as a way to enhance its offering to Pro customers and to support what it calls a “Total Home” strategy.
In its earnings releases, Lowe’s highlights growth in online sales, home services and Pro sales, indicating that these areas are important components of its business mix. The company also notes that it operates a large network of stores and distribution facilities, which supports its ability to supply home improvement products and related services across the United States.
Scale, capital structure and exchange listing
Lowe’s common stock trades on the New York Stock Exchange under the symbol LOW, as confirmed in its SEC filings. The company is incorporated in North Carolina and reports under Commission File Number 1-7898. Recent Form 8-K filings describe the issuance of multiple series of unsecured notes and the establishment of revolving credit and term loan facilities, which together form part of Lowe’s capital structure and financing arrangements. These filings show that Lowe’s uses a combination of cash on hand, term loans, revolving credit facilities and capital markets transactions to fund operations, acquisitions and other corporate purposes.
The company’s disclosures also show that it has entered into various credit agreements and note issuances, including unsecured notes maturing in different years and revolving credit facilities with major financial institutions. These arrangements are described in detail in the company’s 8-K filings and related exhibits.
Strategic initiatives and acquisitions
Lowe’s has publicly described a “Total Home” strategy aimed at serving both Pro and consumer needs across interior and other home improvement categories. A key element of this strategy is the acquisition of Foundation Building Materials, an industry-leading building materials and construction products distribution company with over 370 locations across the United States and Canada. A Form 8-K dated October 9, 2025, and related press release state that Lowe’s completed the acquisition of FBM for approximately $8.8 billion in cash, following a Stock Purchase Agreement entered into on August 19, 2025.
According to Lowe’s, the FBM acquisition is expected to enhance its offering to Pro customers through an expanded product assortment, faster fulfillment, improved digital tools and a trade credit platform. The company also notes that FBM’s presence in geographies such as California, the Northeast and the Midwest is complementary to Lowe’s existing footprint. Together with the acquisition of Artisan Design Group, Lowe’s describes the combination as creating a comprehensive interior solutions platform intended to better serve homebuilders and large Pro customers.
Marketing partnerships and customer engagement
Lowe’s engages in a variety of marketing and brand partnerships that reflect its focus on home improvement, lifestyle and community. For example, the company has partnered with the National Football League as the official home improvement partner and launched the “Earn Your Sunday” campaign. This campaign, highlighted in a corporate news release, encourages fans to complete home projects during the week so they can focus on football and family on Sundays. It features well-known NFL players and includes in-person activations at select NFL stadiums and Lowe’s stores.
Another example is Lowe’s collaboration with Cinemark Holdings, Inc. on a National Popcorn Day “Bring Your Own Bucket” event. In that initiative, customers can bring containers, including the “iconic blue Lowe’s 5-gallon bucket,” to Cinemark theaters for discounted popcorn. This partnership underscores how Lowe’s leverages its brand and signature products, such as its blue bucket, in cross-industry promotions.
The company also promotes holiday-related experiences and seasonal offerings. A corporate release describes in-store holiday events, MyLowe’s Rewards and MyLowe’s Pro Rewards member perks, kids’ workshops, photo opportunities in decorated store environments, and curated product collaborations. These activities are presented as ways to help customers create memorable holiday seasons and to connect shopping with experiences.
Digital tools, loyalty and AI initiatives
Lowe’s has introduced digital tools and loyalty programs that it highlights in its news releases. The company references MyLowe’s Rewards and MyLowe’s Pro Rewards programs, which offer member perks, access to experiences and promotional benefits. These programs are positioned as ways to provide additional value to both consumer and professional customers.
Lowe’s has also announced an AI-powered virtual assistant called “Mylow,” described as a home improvement industry AI assistant available on Lowes.com and the Lowe’s app. According to the company, customers can use Mylow to ask questions ranging from decorating tips and gifting ideas to assistance with home maintenance tasks. This indicates that Lowe’s is incorporating AI tools into its customer-facing digital experience.
Community and social impact programs
In multiple corporate communications, Lowe’s emphasizes its commitment to community support. The company states that it focuses on programs that create safe, affordable housing, improve community spaces, develop the next generation of skilled trade experts and provide disaster relief to communities in need. These themes appear consistently in the “About Lowe’s” sections of its press releases.
A notable example is the Freedom Hill project, a partnership between Building Homes for Heroes, Lowe’s and the Town of Mooresville. According to a joint announcement, Freedom Hill is a veteran and first responder community in Mooresville, North Carolina, described as a “first-of-its-kind” village model for mortgage-free homes and wraparound support services. The land for the project was donated by the Town of Mooresville, while Lowe’s and its customers contributed funding through a Round-Up for Charity campaign. The project is presented as a long-term, community-based tribute to veterans and first responders, and as part of Lowe’s broader goal to deliver significant “square feet of impact” through housing and community projects.
Investor relations and financial reporting
Lowe’s regularly communicates with investors through earnings releases, conference calls and participation in investor conferences. For example, the company announced that its chairman and chief executive officer would participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference. Lowe’s also holds quarterly earnings conference calls, with webcasts and supplemental slides made available through its investor relations site.
In its third quarter 2025 earnings release, Lowe’s reported net earnings and diluted earnings per share figures, total sales, comparable sales performance, and growth in online sales, home services and Pro sales. The company also provided an updated full-year 2025 outlook, including expectations for total sales, comparable sales, adjusted operating margin, net interest expense, effective income tax rate, adjusted diluted earnings per share and capital expenditures. These details are presented in the company’s press release and accompanying financial tables, and are further referenced in a Form 8-K filed with the SEC under Item 2.02.
Lowe’s Form 8-K filings also describe its entry into material definitive agreements, such as credit agreements, term loan facilities and note issuances. These filings outline the terms of the financing arrangements, including maturities, interest rates, redemption features and use of proceeds, and are part of the company’s ongoing regulatory reporting obligations.
Regulatory status and listing
According to recent SEC filings, Lowe’s Companies, Inc. remains an active registrant with the Securities and Exchange Commission. The company files current reports on Form 8-K and notes that its common stock is registered under Section 12(b) of the Securities Exchange Act of 1934 and listed on the New York Stock Exchange under the symbol LOW. There is no indication in the provided filings of delisting, deregistration or bankruptcy.
FAQs about Lowe’s Companies, Inc. (LOW)
- What does Lowe’s Companies, Inc. do?
Lowe’s is described as a FORTUNE® 100 home improvement company that operates over 1,700 home improvement stores, 530 branches and 130 distribution centers. It serves approximately 16 million customer transactions a week and focuses on products and services for home improvement, including maintenance, repair, decorating and remodeling. - Where is Lowe’s headquartered?
Company disclosures state that Lowe’s is based in Mooresville, North Carolina. - On which exchange does Lowe’s stock trade and what is the ticker?
According to its SEC filings, Lowe’s common stock is listed on the New York Stock Exchange under the symbol LOW. - How large is Lowe’s in terms of sales?
In its corporate description, Lowe’s reports total fiscal year 2024 sales of more than $83 billion. This figure appears consistently in multiple press releases and investor communications. - Who are Lowe’s primary customers?
Lowe’s describes serving both consumer customers and professional (“Pro”) customers. Company materials reference home improvement shoppers in the United States and highlight initiatives aimed at large Pro customers, including homebuilders and construction professionals. - What is the significance of the Foundation Building Materials (FBM) acquisition?
Lowe’s completed the acquisition of FBM, a building materials and construction products distribution company with over 370 locations across the U.S. and Canada, for approximately $8.8 billion in cash. The company states that this acquisition is intended to enhance its offering to Pro customers, expand its geographic presence in key regions and support its Total Home strategy. - How does Lowe’s describe its community and social impact work?
In its “About Lowe’s” sections, the company emphasizes programs focused on creating safe, affordable housing, improving community spaces, developing skilled trade experts and providing disaster relief. The Freedom Hill veterans community project in Mooresville is one example of these efforts. - What loyalty or membership programs does Lowe’s offer?
Lowe’s has described MyLowe’s Rewards and MyLowe’s Pro Rewards programs, which provide member perks, access to experiences and promotional offers. These programs are highlighted in corporate news related to holiday promotions and NFL partnerships. - Does Lowe’s use AI or digital tools in its customer experience?
Yes. The company has announced “Mylow,” an AI-powered virtual assistant available on Lowes.com and the Lowe’s app. According to Lowe’s, customers can use Mylow for decorating ideas, gifting suggestions and help with home maintenance questions. - How does Lowe’s communicate financial results to investors?
Lowe’s issues quarterly earnings press releases, files related Form 8-K reports with the SEC and hosts earnings conference calls with webcasts and supplemental slides. It also participates in investor conferences, as noted in its announcement regarding the Morgan Stanley Global Consumer & Retail Conference.