Lowes Companies Inc (LOW) |
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Price: $243.4800
$-1.25
-0.511%
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Day's High:
| $246.24
| Week Perf:
| 0.09 %
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Day's Low: |
$ 244.55 |
30 Day Perf: |
6.64 % |
Volume (M): |
108 |
52 Wk High: |
$ 248.55 |
Volume (M$): |
$ 26,334 |
52 Wk Avg: |
$214.18 |
Open: |
$244.23 |
52 Wk Low: |
$181.85 |
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Market Capitalization (Millions $) |
140,488 |
Shares
Outstanding (Millions) |
577 |
Employees |
340,000 |
Revenues (TTM) (Millions $) |
90,219 |
Net Income (TTM) (Millions $) |
7,664 |
Cash Flow (TTM) (Millions $) |
-1,982 |
Capital Exp. (TTM) (Millions $) |
2,083 |
Lowes Companies Inc
Lowes Companies, Inc., is the worlds second largest home improvement retailer,
with a specific emphasis on retail do-it-yourself (DIY) and commercial business
customers. Lowes specializes in offering products and services for home
improvement, home decor, home maintenance, home repair and remodeling and
maintenance of commercial buildings.
Lowes has one reportable industry segment - the operation of home improvement
retail stores. Lowes serves both retail and commercial business customers.
Retail customers primarily consist of do-it-yourself homeowners, those
taking advantage of our installed sales programs and others buying for
personal and family use.
Commercial business customers include repair and remodeling contractors,
electricians, landscapers, painters, plumbers and commercial and residential
building maintenance professionals. Each Lowes store caters to these customers
by combining the merchandise, sales and service of: a home fashions and
interior design center; a lawn and garden center; an appliance dealer; an outdoor
power equipment dealership; an outdoor grill and patio furniture specialty
shop; a hardware store; an air conditioning, heating, plumbing and electrical
supply center; a full-line lumber yard; and a building materials supplier.
Lowes offers two proprietary credit cards - one for individual retail customers
and the other for commercial business customers.
Lowes also has an agreement with a financial institution and is offering a
co-branded Visa credit card to selected customers through direct mail offers.
Lowes commercial business customers can also make purchases on credit by
using Lowes in-house accounts. In addition, Lowes accepts Visa, MasterCard,
Discover and American Express credit cards.
The Company reaches target customers through a mixture of television, radio,
direct mail, newspaper, event sponsorships, Internet, community relations
and in-store programs. Each marketing initiative is based on understanding
current and prospective customers and their needs and expectations.
The Company has a strategic alliance with the HGTV network that allows
it to utilize a substantial portion of the commercial airtime in which
only the Companys and its vendors commercials are aired. This is one of a
half dozen media partnership programs which the Company employs in an effort
to build the image and equity of the Lowes brand, while complementing
the core media and marketing programs. Additionally, the Company hosts customer
hospitality events through its Team 48 NASCAR sponsorship, sponsors Lowes
Motor Speedway, supports several of the major initiatives and programs
of the Home Safety Council and utilizes its proprietary credit programs to
drive customer traffic and purchases.
Competition
The home improvement retailing business is highly competitive. The principal
competitive factors are price, location, customer service, product and
brand selection and name recognition. The Company competes with a number
of traditional hardware, plumbing, electrical and home supply retailers, as
well as other chains of warehouse home improvement stores and lumber yards
in most of its market areas. In addition, the Company competes, with respect
to some of its products, with discount stores, mail order firms and warehouse
clubs.
Company Address: 1000 Lowes Blvd. Mooresville 28117 NC
Company Phone Number: 758-1000 Stock Exchange / Ticker: NYSE LOW
LOW is expected to report next financial results on March 26, 2024. |
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Customers Net Income grew by |
LOW's Customers Net Profit Margin grew to |
60.22 % |
3.69 %
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Stock Performances by Major Competitors |
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Personnel Announcements
Published Fri, Jan 12 2024 9:30 PM UTC
LOWEnS APPOINTS MARGI VAGELL AS EXECUTIVE VICE PRESIDENT, SUPPLY CHAIN Mooresville, North Carolina - In a recent announcement, Lowe's Companies, Inc. (NYSE: LOW) declared the appointment of Margi Vagell as their new Executive Vice President of Supply Chain, effective from March 1, 2024. Vagell will be taking over from Don Frieson, who has served in this role for a consid...
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Lowes Companies Inc
inancial analyst closely monitoring the market trends, I am thrilled to interpret the recent financial results of Lowes Companies Inc. Despite a significant decrease in revenue, the company has managed to soar its net profit per share by an impressive 1124% in the third quarter of 2023. This achievement indicates strong financial management and strategic decision-making. In the third quarter of 2023, Lowes reported a net profit per share of $3.06, a remarkable increase from $0.25 reported in the same period last year. This surge in profitability demonstrates the company's ability to adapt and thrive in challenging market conditions while optimizing operational efficiency. Although revenue experienced a decline of -12.811%, reaching $20.47 billion, Lowes' focus on cost-cutting and streamlining operations has played a crucial role in driving bottom-line growth.
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Lowes Companies Inc
As an avid investor and Wall Street Journal reader, I am always on the lookout for promising companies to add to my portfolio. Today, I want to analyze the recent financial results of Lowes Companies Inc and provide some insights into what they may indicate for the future of the company. Starting with the income figures, we can see that Lowes Companies Inc experienced a decrease of -2.36% in income for the most recent fiscal period. This decline is significant considering that the company earned $4.67 per share in the same period last year. However, when compared to the prior reporting period, there was an impressive 20.95% growth in income, with the company earning $3.77 per share. It is evident that Lowes Companies Inc had a strong year overall in terms of income, despite the slight setback in the most recent period.
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Lowes Companies Inc
Lowes Companies Inc. is a home improvement retail giant in the United States. It operates a chain of retail stores across the country offering various products and services related to home improvement. The company has been in operation since 1946 and has grown to become one of the largest home improvement retailers in the United States. However, in the most recently reported fiscal period, Lowes Companies Inc. faced challenges in terms of revenue. Despite the weak revenue in the most recent fiscal period, Lowes Companies Inc. managed to grow its earnings per share significantly. Income per share grew by 7.41% to $3.77 per share, which was a significant improvement from the previous reporting period. The earnings per share increased by 139.39% to $1.57 per share. The increase in earnings per share is a positive sign for the company, as it indicates that the management team is taking steps to improve the financial health of the company.
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Per Share |
Current |
Earnings (TTM) |
12.96 $ |
Revenues (TTM) |
156.36 $
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Cash Flow (TTM) |
- |
Cash |
2.65 $
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Book Value |
-
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Dividend (TTM) |
4.3 $ |
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Per Share |
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Earnings (TTM) |
12.96 $
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Revenues (TTM) |
156.36 $ |
Cash Flow (TTM) |
- |
Cash |
2.65 $
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Book Value |
- |
Dividend (TTM) |
4.3 $ |
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Lowes Companies Inc's Operating Statistics
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