Free Historical Stock Data on Lowe's Companies
Stock Symbol: LOW
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Business Description
Lowe's Companies, Inc. is a home improvement retailer, with a specific emphasis on retail do-it-yourself (DIY) and commercial business customers. Lowe's specializes in offering products and services for home improvement, home decor, home maintenance, home repair and remodeling and maintenance of commercial buildings. As of the end of the fiscal year ended January 30, 2004, Lowe's operated 952 stores in 45 states, with approximately 108.8 million square feet of retail selling space. A typical Lowe's home improvement store stocks more than 40,000 items, with hundreds of thousands of items available through its special order system. Each store carries a selection of national brand name merchandise.
Financial Information
For the six months ended 7/30/04, revenues rose 19% to $18.85 billion. Net income from continuing operations rose 14% to $1.16 billion. Results reflect the addition of 15 million square feet of retail selling space, partially offset by higher depreciation expenses.
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