Editing Lowe's (section)

{{short description|American home improvement and hardware store chain}}
{{About|the American chain of home improvement stores|the defunct Canadian subsidiary|Lowe's Canada|other uses}}
{{distinguish|Lowes Foods|Loews (disambiguation)}}
{{Use mdy dates|date=May 2025}}
{{Infobox company
| name = Lowe's Companies, Inc.
| logo = Lowes Companies Logo.svg
| image = A Lowe's store in Murphy, North Carolina.jpg
| image_caption = A Lowe's store in Murphy, North Carolina
| type = [[Public company|Public]]
| traded_as = {{ubl|{{NYSE|LOW}}|[[S&P 100]] component|[[S&P 500]] component}}
| ISIN = {{ISIN|sl=n|pl=y|US5486611073}}
| industry = [[Retail]] ([[home improvement]])
| predecessor = Mr. L.S. Lowe's North Wilkesboro Hardware
| foundation = {{start date and age|1921|3|25}}, in [[North Wilkesboro, North Carolina]], United States<ref name="Lowe's History">{{cite web |url=http://lowes.mediaroom.com/index.php?s=history |title=News Release Archive - Site Password |website=mediaroom.com |access-date=December 4, 2014}}</ref>
| founders = {{ubl|Lucius Smith Lowe|}}
| location = [[Mooresville, North Carolina]]
| location_country = United States
| locations = 1,746 (2024)<ref name= AR23 />
| areas_served = {{ubl|[[United States]]}}
| key_people = {{ubl|Brian Barker ([[President (corporate title)|president]], [[Chairperson|chairman]], and [[Chief executive officer|CEO]])|Brandon Sink ([[Chief financial officer|CFO]])}}
| products = [[Home appliance]]s, [[tool]]s, [[Household hardware|hardware]], [[electrical wiring|electrical supplies]], [[builders hardware]], [[lumber]], [[building material]]s, [[ceiling fan]]s, [[light fixture]]s, [[paint]], [[plumbing]], [[flooring]], [[door]]s, [[window]]s, [[wood stain]], [[wallpaper]]s, [[gardening|garden supplies]], [[plant]]s, [[houseware]]s, [[furniture]], [[interior design|home decor]], [[bedding]], and [[curtain]]s
| revenue = {{nowrap|{{decrease}} {{US$|86.38 billion|link=yes}} (2023)}}<ref name= AR23 />
| operating_income = {{nowrap|{{increase}} US$11.56 billion (2023)}}<ref name= AR23 />
| net_income = {{nowrap|{{increase}} US$7.726 billion (2023)}}<ref name= AR23 />
| assets = {{nowrap|{{decrease}} US$41.79 billion (2023)}}<ref name= AR23 />
| equity = {{nowrap|{{decrease}} US$−15.1 billion (2023)}}<ref name= AR23 />
| num_employees = 284,000<ref name= AR23 />
| num_employees_year = 2024
| subsid = {{ubl|Central Wholesalers|Maintenance Supply Headquarters}}
| website = {{URL|https://lowes.com/}}
| footnotes = <ref name="Financials_2020">{{cite web |url=https://corporate.lowes.com/sites/lowes-corp/files/annual-report/lowes-2020ar.pdf |title=2020 Annual Report|access-date=August 8, 2020 |date=}}</ref>
}}

'''Lowe's Companies, Inc.''' ({{IPAc-en|l|oʊ|z}} {{respell|LOHZ}}) is an American [[retail]] company specializing in [[home improvement]].<ref>{{cite web |url=http://beta.fortune.com/fortune500/lowes-47 |title=Lowe's |website=Fortune |language=en-US |access-date=August 7, 2016}}</ref> Headquartered in [[Mooresville, North Carolina]], the company operates a chain of retail stores in the United States. As of October 28, 2022, Lowe's and its related businesses operated 2,181 home improvement and hardware stores in North America.<ref name=financials2022>{{cite web |url=https://www.sec.gov/Archives/edgar/data/60667/000006066719000042/form10k_02012019.htm#sC8D8404F4E9C59FE9DECB82AFD2EC099 |title=Form 10-K |website=www.sec.gov |date=February 1, 2019 |access-date=June 6, 2019}}</ref>

Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by [[Home Depot]] in 1989) behind rival the Home Depot and ahead of [[Menards]].<ref>{{cite news |url=https://www.thestar.com/Business/article/258527 |title=Lowe's targets Canada, No.&nbsp;2 U.S. home retailer plans 420 store openings to tap into expanding, $39&nbsp;billion market |date=September 20, 2007 |work=[[Toronto Star]]}}</ref> It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers [[Leroy Merlin]], [[B&Q]], and [[OBI (retail chain)|OBI]].<ref>{{Cite web|url=https://www.forbes.com/sites/greatspeculations/2019/09/10/lowes-vs-home-depot-home-improvement-or-stock-improvement/|title=Lowe's vs Home Depot: Home Improvement Or Stock Improvement?|last=Team|first=Trefis|website=Forbes|language=en|access-date=April 10, 2020}}</ref>

The company previously operated in Australia through the [[Masters Home Improvement]] joint venture until 2016, in Mexico until 2019, and in Canada until selling its operations (which will be consolidated under the [[Rona (store)|Rona]] brand) to [[Sycamore Partners]] in 2023.<!-- refs in body -->