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. …
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Lowe’s Announces 2025 Growth Initiatives
Lowe’s hosted its 2024 Analyst and Investor Conference, where it provided an update on its key growth and productivity initiatives, as well as short-term and long-term financial targets. “As we look ahead to the expected recovery in home improvement, we …
Read More »Lowe’s Total Sales, Comparable Sales Down in Q3 2024
Lowe’s Companies released its third quarter financial results, posting $20.2 billion in total sales, compared to $20.5 billion in Q3 2023. Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY large-ticket discretionary demand, which was offset …
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