Lowe's

Lowe's owns and operates a chain of home improvement supplies and hardware retail stores. Read more

13,204 Followers on Owler
13,204 Followers on Owler
13,204 Followers on Owler
13,204 Followers on Owler

Lowe's

Lowe's owns and operates a chain of home improvement supplies and hardware retail stores. Read more

Marvin R. Ellison's photo - President & CEO of Lowe's

President & CEO

Marvin R. Ellison

CEO Approval Rating

77/100

Founded:

1946

Status:

PublicIndependent CompanyNYSELOW

LOWE'S TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Home Depot is one of Lowe's's top rivals. Home Depot is a Public company that was founded in 1978 in Atlanta, Georgia. Like Lowe's, Home Depot also works within the Building Material & Home Improvement industry. Compared to Lowe's, Home Depot has 314,800 more employees.

Walmart is seen as one of Lowe's's biggest rivals. Walmart was founded in 1962 in Bentonville, Arkansas. Like Lowe's, Walmart also competes in the Logistics, Wholesalers & Retail Distributors sector. Walmart generates $469.6B more revenue than Lowe's.

Menards is one of Lowe's's top competitors. Menards was founded in 1958, and its headquarters is in Eau Claire, Wisconsin. Menards competes in the Construction Supplies & Fittings industry. Menards has 145,000 fewer employees than Lowe's.

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Lowe's Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$89.6B

Lowe's's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 85.1B. Over the last four quarters, Lowe's's revenue has grown by 3.2%. Specifically, in Q1 2021's revenue was $20.3B; in Q4 2020, it was $22.3B; in Q3 2020, it was $27.3B; in Q2 2020, Lowe's's revenue was $19.7B.

Lowe's Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Stainmaster

Apr 2021

Source »
undisclosed
Stainmaster is a Georgia-based manufacturer of carpet and flooring products for the residential and commercial sectors.

-

Miramonte Resort & Spa

Dec 2020

Source »
undisclosed
-

-

Retail Analytics Platform of Boomerang Commerce

May 2019

Source »
undisclosed
-
Maintenance Supply Headquarters

May 2017

Source »
$512M
MSH is a distributor of maintenance, repair and operations products such as plumbing, HVAC and appliances to the multifamily housing industry.
RONA Inc.

Feb 2016

Source »
$2.3B
Rona operates as a retailer and distributor of hardware, building materials and home renovation products.

These are all the companies that Lowe's has acquired. Lowe's has acquired 6 companies and its latest acquisition was Stainmaster in Apr 2021. Stainmaster is a Georgia-based manufacturer of carpet and flooring products for the residential and commercial sectors.

Lowe's Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Oct 1961
--

Since Lowe's was founded in 1946, it has participated in 1 round of funding. In total Lowe's has raised $0. Lowe's' funding round was on Oct 1961 for a total of $0

Lowe's Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Desktop Metal is a Massachusetts-based company that designs and develops three-dimensional​ metal printers for automotive, aerospace and medical sectors.
$115M
Jul 16, 2017
Series D
-
K4Connect is a senior care management platform that offers care scheduling, tracking and staffing solutions for patients and healthcare sectors.
$1.9M
Oct 11, 2015
Seed
-
$1M
Aug 09, 2015
Seed
-
Decorist is a web-based platform that provides interior designing and remodeling solutions for residential, healthcare and education sectors.
$4.5M
Apr 06, 2015
Seed
-
Porch is an online platform that enables users to find home service professionals in their locality.
$65.9M
Jan 11, 2015
Series B
Dec 01, 2020

These are all the companies that Lowe's has invested in. Lowe's has invested 6 companies and its latest investment was Stainmaster in Apr 2021. Stainmaster is a Georgia-based manufacturer of carpet and flooring products for the residential and commercial sectors.

Lowe's News

May 6, 2021MarketScreener

Lowe, National Grid, Pearson, Thomson Reuters, CVS...

(marketscreener.com) Lowe's sees better price target from Wells Fargo, but keeps its overweight ratin... See more »
May 3, 2021Law 360

Lowe's Hit With OT Suit By Call Center Employees

Lowe's deprived hourly call center employees of proper overtime pay by making them spend up to four h... See more »
May 3, 2021Retail Dive

Lowe's launches curated home decor series

The initiative, which kicks off with interior designer Iris Apfel, aims to make stylish pieces availa... See more »
May 3, 2021Connect Media

Lowe, Mitsui Fudosan Break Ground on 492-Unit Apartment Project in D.C.

Lowe and joint venture partner Mitsui Fudosan America have broken ground on Gallery 64, a 492-unit, 1... See more »
May 3, 2021Store Brands

Lowe's launches exclusive paint lines to celebrate 100 years in business

The Centennial Color Palette is being featured with a special product curation from fashion icon Iris... See more »
May 3, 2021Adweek

Both Lowe's and Iris Apfel Turn 100 This Year-So They Partnered Up for Bright, Fun Product Curations

Last year, Lowe's turned heads when it partnered with New York Fashion Week--highlighting the natural... See more »
May 3, 2021MxM India

Subbu is now CSO of Mullen Lowe APAC

The new role will see S Subramanyeswar manage responsibilities for the whole of Asia-Pacific over and... See more »

Lowe's Press Releases

March 4, 2021PR Newswire

BetterInvesting Magazine Chooses Lowe's Companies Inc. As "Growth" Stock and Chevron Corp. As "Undervalued" For April 2021 Issue

TROY, Mich., March 4, 2021 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of ... See more »
March 3, 2021StreetInsider

Lowe's to Webcast Presentation from the UBS Global Consumer & Retail Virtual Conference

MOORESVILLE, N.C., March 3, 2021 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Da... See more »
February 9, 2021Cision Canada

Lowe's Canada Named One of Montreal's Top Employers 2021

/CNW Telbec/ - Lowe's Canada, one of Canada's and Quebec's leading home improvement retailers operati... See more »
November 10, 2020PR Newswire

Lowe's Issues Statement Regarding Market Rumors

MOORESVILLE, N.C., Nov. 9, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today issued the f... See more »
October 22, 2020centralcharts

Lowe's Announces The Early Results Of Its Cash Tender Offers For Certain Of Its Outstanding Debt Securities, And Increases To The Aggregate Tender Cap And Tender SubCaps

Lowe's Announces The Early Results Of Its Cash Tender Offers For Certain Of Its Outstanding Debt Secu... See more »
October 14, 2020PR Daily

Lowe's new top communicator addresses tech, DE&I and the post-COVID era

Here's what Ben Boyd, VP of internal and external communications for the home improvement chain start... See more »

Lowe's Videos

Social Media

Lowe's Headquarters

1000 Lowe’s Boulevard

Mooresville, North Carolina28117

704-758-1000

Driving Directions »

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Lowe's Summary

ABOUT

Overview

Lowe's (NYSE: LOW) is a chain of home improvement supplies and appliance stores. Headquartered in Mooresville, North Carolina and has 175,000 employees, it was founded by Lucius Smith Lowe in 1946 in North Wilkesboro, North Carolina. It has been helpi...

CEO

Lowe's's President & CEO, Marvin R. Ellison, currently has an approval rating of 77%. Lowe's's primary competitors are Home Depot, Walmart & Menards.

Website

lowes.com

Frequently Asked Questions about Lowe's

  1. When was Lowe's founded?

    Lowe's was founded in 1946
  2. Who is Lowe's's CEO?

    Lowe's's CEO is Marvin R. Ellison
  3. How much revenue does Lowe's generate?

    Lowe's generates $89.6B in revenue
  4. How much funding does Lowe's have?

    Lowe's has historically raised $0 in funding
  5. Where is Lowe's's headquarters?

    Lowe's's headquarters is in Mooresville North Carolina, USA
  1. How many employees does Lowe's have?

    Lowe's has 190,000 employees
  2. What sector does Lowe's operate in?

    Lowe's is in Building Material & Home Improvement, Logistics, Wholesalers & Retail Distributors
  3. Who are Lowe's's competitors?

    Lowe's's top competitors are Home Depot, Walmart, Menards
  4. Who has Lowe's invested in?

    Lowe's's has invested in companies such as Desktop Metal, K4Connect, Trycanopy