Lowe’s and Home Depot released Q3 2025 financials this week, both reporting modest net sales growth and progress on several company initiatives. Both companies also hosted earnings calls where execs shared insights into how each is improving various operational areas. …
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Lowe’s Completes Acquisition to Expand Pro Reach
Lowe’s announced it has completed its acquisition of Foundation Building Materials (FBM), a building materials distribution company with over 370 locations across the U.S. and Canada. Through the acquisition, Lowe’s will be expanding its pro customer offerings and faster fulfillment. …
Read More »Lowe’s to Pay Over $1 Million in False Advertising Settlement
Lowe’s has agreed to pay $1,089,999.90 to settle a civil law enforcement complaint alleging the company participated in false advertising and unfair competition in California where the company operates 110 stores. The civil complaint filed in San Diego County alleged …
Read More »Lowe’s Continues Expansion Into Texas
In November, Lowe’s will open two additional stores in the Dallas-Fort Worth Metroplex, increasing the chains store count in Texas to 147. The two new Lowe’s stores will open in Midlothian and Royse City and will be the fourth and …
Read More »Lowe’s Partners With NFL Stars to Launch New Campaign
Lowe’s recently announced the launch of the Lowe’s Earn Your Sunday campaign, a new initiative to motivate NFL fans to complete home projects during the week so they can enjoy football and family without interruption on Sundays. Throughout the football …
Read More »Lowe’s Presents Q2 2025 Financials, Announces Distributor Acquisiton
Lowe’s reported its Q2 2025 financial results, marking $24 billion in total sales, a 1.7% increase year over year. Comparable sales for the quarter also increased by 1.1%. Net earnings for Q2 2025 were $2.4 million, a 0.01% increase year …
Read More »Lowe’s Holds AI-Focused 24-Hour Hackathon
Lowe’s recently held its third annual AI Day and a 24-Hour Hackathon, an event where over 600 Lowe’s associates from across the business signed up to learn about and solve problems with artificial intelligence. Tech teams tackled case studies sourced from …
Read More »Big-Box Return Restrictions Open Door for Independents
While independent home improvement retailers are set apart from competition in areas like customer service and personalized product knowledge, a store’s return policy can also make independents stand out from the crowd—and keep customers coming back. According to the National …
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