Lowe's Companies, Inc.

Lowe's Companies, Inc.

Lowe's Companies, Inc.

Overview
Date Founded

1952

Headquarters

1000 Lowe's Boulevard, Mooresville, NC, 28117, USA

Type of Company

Public

Employees (Worldwide)

320K

Industries

Retail: Home Improvement
IT Consulting & Services
Appliances & Electronics

Company Description

Lowe's Cos., Inc. engages in the retail sale of home improvement products. The firm offers products for maintenance, repair, remodelling, home decorating and property maintenance. It also provides home improvement products in the following categories: appliances, bathroom, building supply, electrical, flooring, hardware, paint, kitchen, plumbing, lighting & fans, outdoor living, windows and doors. The company was founded in 1946 and is headquartered in Mooresville, NC.

Contact Data
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Executives & Employees

President & Chief Executive Officer

Senior Vice President, Deputy General Counsel & Assistant Secretary

President & Chief Operating Officer

Executive Vice President & Chief Financial Officer

General Counsel, Secretary & Chief Compliance Officer

Senior Vice President & Deputy General Counsel

Chief Information Officer & Executive Vice President

Head-International Operations & Development

Executive Vice President & Chief Administrative Officer

President, Orchard Supply Hardware

Board of Directors

Former Chief Executive Officer at Dollar General Corporation

President & Chief Executive Officer at Lowe's Companies, Inc.

Former President & Chief Executive Officer at Anthem, Inc.

Former President & Chief Executive Officer at Affinity Health Plan, Inc.

Former Chief Investment Officer at T. Rowe Price Group, Inc.

Former Founder & Principal at Relational Investors LLC

Chairman, President & Chief Executive Officer at Adtalem Global Education

Operating Partner at Advent International Corp.

President & Chief Executive Officer at Cracker Barrel Old Country Store, Inc.

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Lowe's Companies, Inc.
Owners & Shareholders
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PSCM is a concentrated, research-intensive, fundamental value investor in the public markets. Their funds' investment objectives are to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. The firm defines risk as the probability of a permanent loss of capital, rather than price volatility. In their value approach to investing, PSCM seeks to identify and invest in long and short investment opportunities they believe exhibit significant valuation discrepancies between current trading prices and intrinsic business (or net asset) value, often with a catalyst for value recognition. They focus on deeply undervalued or overvalued securities due to their belief that a well-priced purchase or short sale is often the most important determinant of the success of an investment. In addition, PSCM believes that the acquisition of a portfolio of investments, when acquired at a large discount to intrinsic value, provides a margin of safety that can mitigate the likelihood of an overall permanent loss of each fund's capital.

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The D. E. Shaw group pursues attractive and sustainable risk-adjusted returns on the capital we invest for our clients. The firm invests globally using a broad array of strategies in both public and private markets. Widely recognized as a pioneer in quantitative investing, particularly in equities, futures, and options, the firm also has formidable expertise in areas that involve fundamental analysis or portfolio manager discretion, such as credit, energy, and macro investing. Regardless of the particular strategy, each investment decision is made in the context of a rigorous analytical approach that seeks to carefully identify and weigh potential risks and rewards. The firm's investment activities fall into two broad areas: Alternative Investments Strategies focused on the delivery of absolute returns, with low targeted correlation to traditional assets like equities, account for around $21 billion of the firm's investment capital. Our alternative investment program dates to 1989 and consists of both larger, core multi-strategy investment vehicles and more focused, strategy-specific investment products. Benchmark-Relative Investments A suite of long-only and "130/30" equity investment strategies, in either commingled investment vehicles or separately managed accounts, collectively represent approximately $7 billion of the firm's investment capital. These strategies, begun in the year 2000, enable institutional investors to customize their exposure to a particular benchmark index and to choose a targeted level of risk.

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Lazard Asset Management is known for its global perspective on investing and years of experience with global, regional and domestic portfolios. With more than 280 investment personnel worldwide, we offer investors of all types an array of equity, fixed income, and alternative investment solutions from our network of local offices in ten different countries. Our team-based approach to portfolio management helps us to deliver robust and consistent performance over time, and strong client relationships allow us to understand how to employ our capabilities to our clients' advantage. With over $146.0 billion in assets under management, we have offices located throughout the world in Bahrain, Boston, Chicago, Frankfurt, Hong Kong, London, Milan, Montreal, New York, San Francisco, Seoul, Sydney, Tokyo, Toronto, and Zurich. Lazard Asset Management’s business is a diversified, global investment platform that focuses on managing assets for our clients. As a result, throughout all market environments, we maintain a disciplined approach to investing with a research-driven investment process focusing on financial productivity and valuation. We believe there are substantial opportunities for value driven investors and continue to seek out and invest in companies with healthy balance sheets and sustainability of returns

Recent Transactions
Details Hidden

Aquiline Capital Partners LLC, Worley Claims Services LLC purchase Alacrity Renovation Services LLC from Lowe's Companies, Inc.

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Lowe's Companies, Inc. purchases Maintenance Supply Headquarters LP

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Lowe's Companies, Inc. purchases RONA, Inc.

Transaction Advisors
Legal Advisor

Advised onLowe's Companies, Inc. purchases RONA, Inc.

Legal Advisor

Advised onWoolworths Group Ltd., Carboxy Pty Ltd. purchase Danks Holdings Ltd.

Legal Advisor

Advised onLowe's Companies, Inc. purchases RONA, Inc.

Legal Advisor

Advised onLowe's Companies, Inc. purchases Orchard Supply Hardware Stores Corp. /72 Stores from OSH 1 Liquidating Corp.

Advisors & Consultants
Legal Advisor

Partner at Davis Wright Tremaine LLP

Advisor

Former Chief Financial Officer & Executive Vice President at Lowe's Companies, Inc.

Advisor

Senior Vice President & Director of OOH at Horizon Media, Inc.

Clients

Synchrony Financial engages in the provision of consumer financial services. It operates through three sales platforms: Retail Card, Payment Solutions, and CareCredit. The Retail Card platform is a provider of private label credit cards, and also provides Dual Cards and small-and medium-sized business credit products. The Payment Solutions platform is a provider of promotional financing for major consumer purchases, offering private label credit cards and instalment loans. The CareCredit platform is a provider of promotional financing to consumers for elective healthcare procedures or services, such as dental, veterinary, cosmetic, vision and audiology. The company was founded on September 12, 2003 and is headquartered in Stamford, CT.

Schneider Electric SE engages in the digital transformation of energy management and automation. It operates through the following segments: Energy Management; Industrial Automation; and Central Functions and Digital Costs. The Energy Management segment leverages a complete end-to-end technology offering enabled by EcoStruxure. The Industrial Automation segment comprises industrial automation and industrial control activities, across discrete, process, and hybrid industries. The company was founded by Adolphe Schneider and Joseph-Eugène Schneider in 1836 and is headquartered in Rueil-Malmaison, France.

Peconic Landing strives to be one of the preeminent continuing care communities in the united states. They are achieving their goals by operating as a partnership with residents, Board of Trustees, Management and Staff.

Key Stats and Financials As of 2020
Market Capitalization
$93.3B
Total Enterprise Value
$113B
Earnings Per Share
$5.49
Revenue
$72.1B
Net Profit
$4.27B
EBITDA
$8.46B
EBITDAMargin
11.72%
Total Debt
$23.8B
Total Equity
$1.97B
Enterprise Value Sales
1.57x
Enterprise Value EBITDAOperating
12.87x
TEVNet Income
26.55x
Debt TEV
0.21x
Three Year Compounded Annual Growth Rate Of Revenue
3.53%
Five Year Compounded Annual Growth Rate Of Revenue
5.11%
Non-Profit Donations & Grants
Political Donations
$2,500
2014
$2,000
2014
$2,000
2014
Investments
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K4Connect, Inc. operates as a technology company which develops single enterprise managed system. It serves and empowers older adults and individuals living with disabilities. Its K4Community technology solutions act as an amenity for senior living communities. The solution provides smart products and features across home, wellness and engagement for residents and productivity, building and insight for the staff operators. The company was founded by F. Scott Moody and Jonathan Gould in 2013 and is headquartered in Raleigh, NC.

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Keen Home, Inc. engages in the development of room temperature control system. Its products include smart vent, temperature sensor, smart bridge, Keen zoning bundles, ecovent whole home system, and accessories. The company was founded by Ryan Fant, Nayeem Hussain, and William McLeod on March 15, 2013 and is headquartered in New York, NY.

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Decorist, Inc. provides interior design services. Its services include decorating and designing of living room, home office, dining area, nursery room, bathroom, playroom, and kitchen. The company was founded by Gretchen W. Hansen and is headquartered in San Francisco, CA.

Suppliers
MoistureShield, Inc. Equipment & Office Supplies | Springdale, AR

MoistureShield, Inc. engages in the development, manufacturing, and marketing of composite building materials. The company was founded by Joe G. Brooks on March 07, 1989 and is headquartered in Springdale, AR.

American Woodmark Corp. Building Products & Construction Materials | Winchester, VA

American Woodmark Corp. manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. It operates through the American Woodmark, Simply Woodmark, Timberlake, Shenandoah Cabinetry, Shenandoah Value Series, and Waypoint Living Spaces brands. The company was founded by William F. Brandt, Jr., Richard Al Graber, Jeffrey S. Holcomb, and Donald P. Mathias in 1980 and is headquartered in Winchester, VA.

Armstrong World Industries, Inc. Wholesale: Consumer Non-Durables/Sundries | Lancaster, PA

Armstrong World Industries, Inc. engages in the design, manufacture, and trade of commercial and residential ceiling, wall, and suspension system solutions. It operates through the following segments: Mineral Fiber, Architectural Specialties and Unallocated Corporate. Mineral Fiber segment produces suspended mineral fiber and soft fiber ceiling systems for use in commercial and residential settings. Architectural Specialties segment roduces and sources ceilings and walls for use in commercial settings. Unallocated Corporate segment includes assets, liabilities, income and expenses that have not been allocated to other business segments. The company was founded by Thomas M. Armstrong in 1860 and is headquartered in Lancaster, PA.

Awards & Honors
Rank #47
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #47
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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