About Lowe's
Lowe's is a company based in Mooresville (United States) founded in 1946.. The company has 270,000 employees as of January 31, 2024. Lowe's has completed 8 acquisitions, including Artisan Design Group, Central Wholesalers and Foundation Building Materials. Lowe's offers products and services including Home Improvement Products and Installation Services.
- Headquarter Mooresville, United States
- Employees 270000 as on 31 Jan, 2024
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lowe's Companies, Inc.
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Annual Revenue
$83.67 B-3.13as on Jan 31, 2024
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Net Profit
$6.94 B-9.94as on Jan 31, 2024
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EBITDA
$12.08 B-10.2as on Jan 31, 2024
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Latest Funding Round
$1 B (USD), Post-IPO
May 23, 2018
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Investors
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Employee Count
270000
as on Jan 31, 2024
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Investments & Acquisitions
Artisan Design Group
& 7 more
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IPO & Listings of Lowe's
Lowe's is a publicly listed company on the NYSE with ticker symbol LOW in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Lowe's
Lowe's offers a comprehensive portfolio of products and services, including Home Improvement Products and Installation Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tools, appliances, and materials are provided for home enhancement purposes
Professional installation and maintenance services are offered for various products
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Funding Insights of Lowe's
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $1.0B
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First Round
First Round
(19 Apr 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Post-IPO - Lowe's | Valuation |
investors |
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| Apr, 2017 | Amount | Debt – Conventional - Lowe's | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lowe's
Lowe's has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Artisan Design Group, Central Wholesalers and Foundation Building Materials. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Commercial and residential architectural services are offered.
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2016 | ||||
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Supplier of drywall, steel framing, acoustic ceilings, and other building materials
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2011 | ||||
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Consumer appliances, hardware, and accessories are wholesaled and supplied.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lowes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lowe's Comparisons
Competitors of Lowe's
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lowe's
Frequently Asked Questions about Lowe's
When was Lowe's founded?
Lowe's was founded in 1946 and raised its 1st funding round 71 years after it was founded.
Where is Lowe's located?
Lowe's is headquartered in Mooresville, United States. It is registered at Mooresville, North Carolina, United States.
How many employees does Lowe's have?
As of Jan 31, 2024, the latest employee count at Lowe's is 270,000.
What is the annual revenue of Lowe's?
Annual revenue of Lowe's is $83.67B as on Jan 31, 2024.
What does Lowe's do?
Lowes was founded in 1946 as a hardware store and has expanded into the second-largest home improvement retailer globally. Operations are conducted through direct dealings with manufacturers to maintain low prices, with stores established across the United States, Canada, and Mexico. In 2022, annual revenues of 97.06 billion were recorded, alongside a net profit of 6.41 billion in the retail sector.
What products or services does Lowe's offer?
Lowe's offers Home Improvement Products and Installation Services.
Is Lowe's publicly traded?
Yes, Lowe's is publicly traded on NYSE under the ticker symbol LOW.
How many acquisitions has Lowe's made?
Lowe's has made 8 acquisitions, including Artisan Design Group, Central Wholesalers, and Foundation Building Materials.
What is Lowe's's ticker symbol?
The ticker symbol of Lowe's is LOW on NYSE.
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