Analyst Report: Lowe`s Cos., Inc.

Argus

•

Dec 01, 2025

Summary

Lowe's is the world's second-largest location betterment retailer, with income of $84 cardinal successful FY25. Based successful Mooresville, North Carolina, the institution operated astir 1,750 location betterment and hardware stores successful the U.S. astatine the extremity of FY25. Retail selling abstraction was 195 cardinal quadrate feet. Home Decor, which includes appliances and paint, was the biggest merchandise part astatine 37% of FY25 sales. Building Products, including lumber, was 32%; Hardlines, including tools, seasonal, and tract & garden, was 29%; Other categories represented nether 3% of sales. About 70% of income are to individuals and 30% are to maintenance, repair, operations and operation professionals. The states with much than 100 stores astatine the extremity of FY25 were Texas, Florida, North Carolina and California. Stores banal astir 40,000 items. Online income correspond approx

Chris Graja, CFA

Senior Analyst: Retail

Chris covers the Consumer assemblage for Argus. He was the #1 Stock Picker successful the Household Durables sector, winning the 2019 StarMine U.S. Analyst grant from Refinitiv. He was the #1 Stock Picker successful Food and Staples Retailing, winning back-to-back U.S. Analyst Awards successful 2015 and 2016. He received a prestigious Volunteer of the Year grant from the New York Society of Security Analysts successful 2000. Prior to Argus, Chris spent 16 years astatine Bloomberg Financial Markets. He was the Director of Training and a Senior Researcher for Bloomberg’s probe part earlier joining the caller Bloomberg mag arsenic Technical Studies Editor successful 1993. He roseate to Executive Markets Editor of the publishing group. Chris co-authored the publication “Investing successful Small-Cap Stocks,” which was published successful 3 U.S. editions, an audio book, and 2 Chinese editions. Chris earned an MBA from Rutgers University. He is simply a CFA charterholder.