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Lowe's News

  • Lowe’s Q2 falls short of expectations

    Mooresville, N.C.-based Lowe’s reported sales of $14.5 billion in the second quarter ended July 29, up 1.3% from the same period a year ago.

    Comparable-store sales increased 0.3% in the second quarter. The company posted earnings for the quarter of $830 million, down just slightly from $832 million in the same quarter last year.

  • OSHA investigating worker’s death at Lowe’s

    Federal authorities are looking into a fatal accident that occurred at a Lowe’s store in Enterprise, Ala., the company has confirmed. The victim, who has not been identified, was pinned between a delivery truck and a trailer and was airlifted to a local hospital, where he later died from his injuries. 

    The Occupational Safety and Health Administration (OSHA) is investigating the incident. Karen Cobb, a spokeswoman for Lowe’s, said the cause has not yet been determined.

  • Lowe’s partners with San Francisco start-up to sell tech devices

    Lowe’s Companies is partnering with an unusual and very tech-savvy retailer to sell “smart” home devices.

  • Lowe's makes its television debut

    The Weekender is a new 10-episode original series that just debuted on Apple TV.

  • Lowe's adds water shut-off valve to Iris suite

    Lowe's has expanded its Iris smart-home offerings with the addition of the Smart Valve by Waxman, an automatic water shut-off valve that protects homes from flooding.

    Here's how it works: the Smart Valve connects to water leak detectors and temperature sensors, automatically shutting off the water supply in the case of a leak or temperatures low enough to cause pipes to freeze.

  • Lowe’s thanks troops with D.C. charity grill-off

    "Grill Sergeants" were turned loose on servicemen and their families during a charity grill-off this weekend at Nationals Park in Washington, D.C. 

    Lowe’s, which counts 16,000 military veterans on its payroll, and the USO treated hundreds of servicemen and women and their families to the charity grill-off. “Grill Sergeants” from each branch of the military put their grilling skills to the test during the all-star grilling competition.

  • Lowe’s officially proposes Cape Cod store

    Facing a potential public relations battle, the retail chain promotes plans for the smallest Lowe’s in New England.

  • Lowe's net income surges 76% in Q3

    Mooresville, N.C.-based Lowe's reported third-quarter net income of $396 million, up 76% from earnings of $225 million a year ago. Revenues increased 2% to $12.07 billion, ahead of consensus estimates of $11.93 billion.

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