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Lowe's Companies, Inc. reports developments tied to its home improvement retail business, including sales and earnings results, comparable sales trends, annual outlooks, cash dividends, and capital allocation. The company serves do-it-yourself, do-it-for-me, and professional customers through a national store, branch, and distribution network for home decorating, maintenance, repair, remodeling, lawn and garden, and project essentials.
Recurring Lowe's news also covers Pro customer credit and rewards programs, seasonal merchandising events, loyalty offerings such as home maintenance services, supply-chain technology partnerships, and community initiatives focused on housing, local renovation projects, disaster relief, and skilled trades training.
Building Homes for Heroes, Lowe's (NYSE:LOW), and the Town of Mooresville will break ground on Freedom Hill on Nov. 11, 2025, a purpose-built community estimated to accommodate up to 15 mortgage-free homes for veterans and first responders. The Town donated the land, Lowe's and its customers funded the initiative via Round-Up for Charity, and Building Homes for Heroes will provide wraparound services including financial guidance, health resources, and emergency assistance.
The organization aims to deliver 50 homes in 2025 and reach its 500th home before end of 2026; full construction is expected to begin in 2026. The groundbreaking follows a Veterans Day parade and will include a ceremony at 2 p.m.
Lowe's (NYSE:LOW) unveiled its 2025 holiday program on Oct. 21, 2025, featuring seasonal in-store experiences, member perks, exclusive products and multi-week promotions. Savings begin Oct. 30 with Early Black Friday offers through Nov. 26, one-day online Thanksgiving deals on Nov. 27, Black Friday in-store Doorbusters on Nov. 28, Cyber Monday online deals on Dec. 1, and weekly December deal drops.
Benefits include early access, free member gifts, MyLowe's Rewards and Pro Rewards perks, AI assistant Mylow help, exclusive products (Grinch, Bumble, The Elf on the Shelf "fit"), MrBeast curated picks and a new Heart & Herd pet brand. Stores closed Thanksgiving and Christmas Day.
Lowe's (NYSE: LOW) completed the acquisition of Foundation Building Materials on October 9, 2025 in a transaction valued at approximately $8.8 billion. Foundation Building Materials is a North American distributor of interior building products including drywall, metal framing, ceiling systems, commercial doors and hardware, and insulation.
Under prior owners American Securities and CD&R, FBM grew to a network of over 370 locations serving 40,000 Pro customers and delivered 27% per annum revenue growth and 31% per annum EBITDA growth since 2021. FBM will join Lowe's Total Home strategy to expand products and services for Pro and consumer customers.
Lowe's (NYSE: LOW) completed its acquisition of Foundation Building Materials (FBM) on Oct. 9, 2025, adding an industry-leading building materials distributor with over 370 locations across the U.S. and Canada.
The deal is intended to expand Lowe's Pro product assortment, speed fulfillment, improve digital tools, and provide a trade credit platform. Management expects the acquisition, together with Artisan Design Group, to strengthen Lowe's Pro footprint in key geographies (California, the Northeast, Midwest) and support growth opportunities within a $250 billion total addressable market.
FBM leadership, led by founder Ruben Mendoza, will remain in place; financial and legal advisors were disclosed.
Lowe's (NYSE:LOW) has launched its new 'Earn Your Sunday' marketing campaign featuring NFL stars Saquon Barkley, Justin Jefferson, Christian McCaffrey, C.J. Stroud, and Dak Prescott. The campaign, part of Lowe's 7th consecutive year as the NFL's official home improvement partner, encourages fans to complete home projects before game day.
The initiative includes a first-ever Earn Your Sunday Tour for MyLowe's Rewards members, featuring interactive experiences at select Lowe's stores and NFL stadiums during NBC Sunday Night Football® games. Lowe's will also serve as the presenting sponsor of Football Night in America, with the campaign running across national television, digital, and social media platforms throughout the NFL season.
Lowe's Companies (NYSE:LOW) announced that its board of directors has declared a quarterly cash dividend of $1.20 per share. The dividend will be paid on November 5, 2025, to shareholders who are on record as of October 22, 2025.
Lowe's (NYSE:LOW) announced that Chairman and CEO Marvin R. Ellison will participate in a fireside chat at the Goldman Sachs 32nd Annual Global Retailing Conference on September 3, 2025, at 1:10 p.m. ET.
Investors can access the audio webcast through Lowe's investor relations website under the "Events & Presentations" section. An archived version of the webcast will be available approximately 24 hours after the event.
Lowe's (NYSE: LOW) has agreed to acquire Foundation Building Materials (FBM) from American Securities and CD&R for $8.8 billion. FBM is a leading North American distributor of interior building products with over 370 locations across the United States and Canada, serving 40,000 Pro customers.
Under American Securities and CD&R ownership, FBM achieved remarkable growth with 27% annual revenue growth and 31% annual EBITDA growth. The company expanded through strategic acquisitions including Beacon Roofing Supply's interior products business, Marjam Supply, Unified Door & Hardware, and REW Materials. FBM also launched a new e-commerce platform and enhanced its commercial capabilities.
The transaction is expected to close in Q4 2025, subject to regulatory approvals.
Lowe's (NYSE:LOW) has announced a definitive agreement to acquire Foundation Building Materials (FBM) for $8.8 billion in cash. FBM is a leading North American distributor of interior building products with over 370 locations serving 40,000 Pro customers across the US and Canada.
FBM generated $6.5 billion in revenue and $635 million in adjusted EBITDA in 2024, with impressive growth rates of 25% revenue CAGR and 30% adjusted EBITDA CAGR from 2019 to 2024. The acquisition, expected to close in Q4 2025, will be financed through short-term and long-term debt, with $9.0 billion in committed bridge financing from Bank of America and Goldman Sachs.
The strategic acquisition enhances Lowe's Total Home strategy by expanding its Pro customer offerings and creates significant cross-selling opportunities with both FBM and the recently acquired Artisan Design Group. The transaction is expected to be accretive to adjusted diluted EPS in the first full year post-closing.
Lowe's (NYSE:LOW) reported Q2 2025 results with net earnings of $2.4 billion and diluted EPS of $4.27, compared to $4.17 in Q2 2024. Excluding $43 million in pre-tax expenses related to the Artisan Design Group (ADG) acquisition, adjusted diluted EPS increased 5.6% to $4.33.
Total sales reached $24.0 billion, up from $23.6 billion year-over-year, with comparable sales increasing 1.1%. The company updated its full-year 2025 outlook, raising total sales guidance to $84.5-85.5 billion from $83.5-84.5 billion, while slightly lowering its operating margin forecast to 12.1-12.2% from 12.3-12.4%.
During Q2, Lowe's completed the ADG acquisition for $1.3 billion and paid $645 million in dividends. The company maintains 1,753 stores across 195.5 million square feet of retail space.