Lowe's Companies Inc. (LOW) Price and Market Data

Lowe’s Companies Inc. is the world’s second-largest home improvement retailer, operating more than 1,750 stores across the United States following the 2023 divestiture of its Canadian business. Its locations provide products and services for home décor, maintenance, repair, and remodeling, with maintenance and repair representing about two-thirds of merchandise sales. Lowe’s primarily serves retail do-it-yourself customers, who account for roughly 70% of revenue, along with do-it-for-me shoppers, while also growing its professional customer segment to 30% of sales from less than 20% over the past seven years, with further expansion expected through the acquisition of FBM. Based on US Census data and management’s market size estimates, we believe Lowe’s holds a high-single-digit share of the U.S. home improvement market.