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Lowe's Cos. (NY: LOW)
47.54 USD  UNCHANGED
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 22, 2014  /  Add to My Watchlist      
(LOW) Community Analysis from
April 23, 2014
(Jutia Group, 4/17/14)
[Reuters] - Home improvement retail chain Lowe's Home Centers has agreed to pay a $500,000 penalty for violating rules governing lead...(read more)
Lowe’s Companies, Inc.(LOW), together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home...(read more)
(The DIV-Net, 10/26/12)
Lowe’s Companies, Inc. (LOW), together with its subsidiaries, operates as a home improvement retailer. It offers a range of products for maintenance, repair, remodeling, and home decorating. The...(read more)
Lowe's Companies (LOW) Company Overview

Lowe's Companies (NYSE: LOW) is the second largest home improvement retailer in the world and one of the top ten largest retailers in the U.S. with $47.2 billion in sales in 2009. [1][2] Lowe's offers products and services across twenty categories in their home improvement stores, ranging from kitchen appliances to lumber to gardening tools. The company ranks second in home improvement retailing to Home Depot (HD), which had total sales of $66.2 billion in 2009 -- nearly one-and-a-half times that of Lowe's. [3] Home Depot has has held the upper hand against Lowe's since 2005 in terms of sales and net income -- in 2009, Home Depot's net income was $2.7 billion, one-and-a-half times greater than Lowe's $1.8 billion.

Like all home improvement retailers, Lowe's is very vulnerable to interest rates and the housing market slowdown. The subprime mortgage crisis in the financial industry has also been a large factor behind Lowe's struggles. In 2009, even though Lowe's net sales decreased 2% from 2008 sales, net income decreased 18.8% to $1.8 billion and same store sales decreased 6.7% for the year.[1][4] In addition, at of the end of fiscal 2009, Lowe's operated over 1,710 stores in the United States and Canada -- all but 16 of the stores were located in the US, [5] which gives Lowe's greater exposure to the struggling domestic US market. The economic downturn has also caused the company to slow down store expansion -- Lowe's only plans to open 40 to 45 new stores in 2010 compared to the 61 and 115 stores it opened in 2009 and 2008 respectively.[5] Home Depot on the other hand operates 262 stores internationally and has stores in China, which act as a buffer to the domestic market. [6] Lowe's expand internationally in Q12010 by opening its first store in Mexico.[7]

(Read more at Wikinvest )

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