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Lowe's beats on quarterly earnings, buys home pros business for $8.8 billion

Lowe's beat quarterly earnings expectations on Wednesday. The home improvement retailer also announced the $8.8 billion acquisition of Foundation Building Materials, its second acquisition of a home ...
AOL

Lowe's Raises Outlook, Expands Pro Reach With $8.8 Billion Acquisition

Lowe’s Companies, Inc. (NYSE:LOW) reported second-quarter net earnings of $2.4 billion, or diluted Earnings Per Share (EPS) of $4.27, compared to $4.17 in the year-ago quarter. Adjusted diluted EPS ...
AOL

Lowe's Pro Sales Rise as Outlook Holds

Lowe's Companies (NYSE:LOW) delivered Q1 2025 results on May 21, 2025, posting sales in line with guidance amid challenging DIY spending and adverse weather effects. Key highlights include resilient ...
Retail Dive

Lowe’s $8.8B acquisition aims to strengthen pro business

The acquisition of FBM is intended to accelerate Lowe’s Total Home Strategy by strengthening its position among pro customers. Following the acquisition, FBM President and CEO Ruben Mendoza, as well ...
Woodworking Network

Lowe’s boosts support for small-to-mid Pros with new digital tools, expanded inventory

MOORESVILLE, N.C. — Lowe’s continues to strengthen its offering for small-to-medium Pros by expanding product access through its Pro Extended Aisle, enhancing digital tools that simplify quoting and ...
Retail TouchPoints

Lowe’s Aligns Pro Loyalty Program with Consumer Offering

“If you’re a Pro, we want you enrolled in MyLowe’s Pro Rewards program because we’re focused on saving Pros more when they choose Lowe’s first,” said Quonta Vance, EVP of Pro and Home Services at Lowe ...