Lowe’s is becoming a Pro-powered home improvement compounder, with acquisition-driven growth and AI-enabled execution offset by housing-cycle weakness and elevated leverage.
Overview
Lowe’s is the world’s second-largest home improvement retailer, operating more than 1,750 stores and a broad North American distribution network serving DIY, DIFM, and Pro customers. The company generated over $86 billion in fiscal 2025 sales and is increasingly repositioning from a historically DIY-heavy retailer into a stronger Pro and builder-focused platform. Major acquisitions of Artisan Design Group and Foundation Building Materials accelerate this transformation, adding interior construction, design, installation, and jobsite distribution capabilities while omnichannel tools and AI improve consumer and Pro purchasing efficiency.