Lowe's Companies, Inc.

Lowe's Companies, Inc. is an American retail company specializing in home improvement, operating a chain of retail stores primarily in the United States. The company's mission is to help homeowners, renters, and professionals improve their homes and businesses by solving problems and fulfilling dreams for the home. Headquartered in Mooresville, North Carolina, Lowe's has grown from a small-town hardware store to one of the largest home improvement retailers globally.

Lowe's offers a comprehensive range of products and services for home decorating, maintenance, repair, remodeling, and construction. Its extensive product categories include home appliances, tools, hardware, electrical supplies, building materials, paint, flooring, and garden supplies. The company serves two primary market segments: do-it-yourself (DIY) consumers and professional (Pro) contractors, with DIY customers historically accounting for approximately 75% of sales and the Pro segment representing a growing 25%. Services extend to installation, equipment rental, and specialized programs for contractors.

Under the leadership of Chairman, President, and CEO Marvin R. Ellison, Lowe's is the second-largest home improvement retailer in the world. The company is executing a "Total Home" strategy focused on driving Pro penetration, accelerating online sales, expanding home services, creating a loyalty ecosystem, and increasing space productivity. Recent strategic initiatives include significant investments in AI to enhance customer experience and productivity, plans to open 10-15 new stores annually in fast-growing U.S. markets, and the announced acquisition of Foundation Building Materials for nearly $8.8 billion in August 2025 to bolster its contractor business. Additionally, the Lowe's Foundation has committed an expanded $250 million investment to train and develop 250,000 tradespeople over the next decade.