Founded in 1921 by Lucius Smith Lowe, Lowe’s Companies Inc. is a retail company that specializes in home improvement. With headquarters in Mooresville, North Carolina, the company operates a chain of retail stores across the U.S and Canada.
The company’s retail chain is made up of over 2,000 home improvement and hardware stores. It is billed as the second-largest hardware chain behind the Home Depot. In its stores, Lowe’s Companies Inc. offers a line of products for construction maintenance and repair of homes. Its products touch on various categories such as lumber and building materials, tools, and hardware as well as fashion fixtures.
Lowe’s Companies Inc. also offers installation services for homes through vetted independent contractors. Its stock is currently listed on the New York Stock Exchange and is a component of the S&P 500 as well as S&P 100.