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Lowe's Companies, Inc.

Industry: Home Improvement Stores

Fortune Rank: 42

Lowe's Companies, Inc. is a retailer serving the do-it-yourself home improvement, home decor and home construction markets. LOW operates 854 stores located in 44 states predominantly in the eastern half of the U.S. For the 6 months ended 7/29/05, revenues rose 16% to $21.84B. Net income increased 24% to $1.43B. Results reflect the addition of 15 million square feet of retail selling space, and higher margins.

Lowe's Companies, Inc. (Lowe's) is a home improvement retailer, with specific emphasis on retail do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers who utilize its installation services, and commercial business customers. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling and maintenance of commercial buildings. Its stores feature a home fashions and interior design center; a lawn and garden center; an appliance center; an outdoor power equipment center; an outdoor grill and patio furniture specialty shop; a hardware store; an air conditioning, heating, plumbing and electrical supply center; a lumber yard, and building materials center. During the fiscal year ended January 28, 2005 (fiscal 2004), the Company operated 1,087 stores in 48 states, with 124 million square feet of retail selling space.

Lowe's Companies, Inc.

Lowe's Companies, Inc. is a Fortune 500 company. In 2010 Lowe's Companies, Inc. was ranked number 42 on the Fortune 500 list, making it the 42nd largest company in the United States when judged by revenue.

Lowe's Companies, Inc. achieved revenue of $47,220.00 million in 2010 and earned a profit of $1,783.00 million.

Lowe's Companies, Inc.' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 42nd compared to 47th in 2009. This was based on its 2009 revenue of $48,230 million (a change of -1 million compared to 2010) and profits of $2,195 million (a change of $-1 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Lowe's Companies, Inc. would be ranked 76th rather than 42nd due to its profits of $1,783 in 2010.

* US$ Million

• Address
  • Lowe's Companies, Inc.
    1000 Lowe's Blvd
    Mooresville
    NC
    28115
• Contact Details
  • Phone: 704-758-1000
  • Fax: 336-658-4766
  • Website: www.lowes.com
  • Stock Symbol: LOW

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