Lowe’s
Lowe’s is the world’s second-largest home improvement retailer, selling appliances, building products, tools and décor to homeowners and small contractors in about 1,760 U.S. stores and online, and since 2025 also supplies large builders through the FBM and ADG branch networks.
Lowe’s owns almost nine in ten of its stores.
Owning the buildings holds occupancy and facility costs to 2.3% of retail sales and gives the company a large property base.
How big is Lowe’s?
Décor, building products and hardlines, now plus Pro branches.
- Home Décor37%$31.5B
- Building Products31%$26.5B
- Hardlines29%$24.2B
- Branch businesses3%$2.2B
Sell to homeowners. Win the Pro.
- 1Appliances and home projects
- 2Through independent contractors
- 3Builders via acquired branches
Lowe’s leans more on DIY homeowners than its rival, so it bought distributors to reach large builders.
- The Vanguard Group10%
- BlackRock, Inc.7.1%
- JPMorgan Chase & Co.6.6%
CEO: Marvin R. Ellison
- 1921L.S. Lowe opens a hardware store
- 1946Carl Buchan focuses on home improvement
- 1961Lowe’s becomes a public company
- 1982First billion-dollar sales year
- 1995Lowes.com launches
Every number on this page comes from Lowe’s's own reports.
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