Overview
Lowe’s Companies sells home-improvement products for maintenance, repair, remodelling and decoration, in categories ranging from appliances and lumber to paint, tools, flooring and kitchens.[2] It is headquartered in Mooresville, North Carolina, and Forbes gives 1946 as the founding year in its company profile.[2] Forbes records sales of US$86.3bn, up 3.1%, profit of US$6.6bn and a market value of US$122.3bn.[2] Its 7.7% profit margin is the third-highest among the US store-based retailers in the list, after TJX and Home Depot. Lowe’s holds twelfth place, unchanged, and employs 276,000 people.[2]
Lowe’s strengths and limitations
Strengths
- Profit margin of 7.7%
- Market value above US$120bn
- Stable position in the ranking
Limitations
- About half Home Depot's sales
- Sales growth of 3.1%
- US-focused
Appears in
Lowe’s peers and competitors
Companies ranked in the same lists as Lowe’s.
Walmart
Costco Wholesale- Home Depot
Target- Amazon
Kroger- TJX Companies
Ahold Delhaize- Tesco PLC
- Carrefour SA
- Albertsons
Alimentation Couche-Tard
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