Lowes Home Improvement

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  • Resist Temptation To Buy Home Depot And Lowe's

    forbes.com 3 weeks, 4 days ago

    Old your horses as the risk-reward profile is shifting to unfavorable. Home Depot, up a cool 24% in the past 52-weeks, now trades on a P/E multiple of 16x estimated forward earnings, rich in the context of increasingly tougher two-year financial comparisons leading to moderating rates of EPS growth in 2012 and 2013.

  • A Poor Year For Home Building Ends On Hopeful Note

    thestate.com 3 weeks, 3 days ago

    Builders ended 2011 with a third straight year of dismal home construction and the worst on record for single-family home building. But improvement at the end of the year lifted hopes for an eventual recovery. In December, builders broke ground on a seasonally adjusted annual rate of 657,000 homes, the Commerce Department said Thursday. A third straight increase in single-family home building was offset by a drop in volatile apartment construction. The housing market still appears years away from full healt

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Additional Info

via Wikipedia
Lowe's Companies, Inc. is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,710 stores in the United States and 20 in Canada. Expansion into Canada began in 2007, with the opening of a store in Hamilton, Ontario, in early 2008. Lowe's started the construction of two stores in the Mexican city of Monterrey officially entering the Mexican market. In 2011, Lowe's released plans to build over 150 stores in Australia over the coming 5 years, hoping to compete with the AUD$46 billion industry. Lowe's Companies, Inc. is 43 on the Fortune 500 list. As of 2010, the chain is based in Mooresville, North Carolina, near Charlotte, North Carolina. Lowe's is the second-largest hardware chain in the U.S. behind The Home Depot and ahead of Menards. Globally, Lowe's is also the second-largest hardware chain, again behind The Home Depot and ahead of the European stores B&Q and OBI.

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