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8 mind-blowing facts about Lowe’s’ business (LOW)

blank - 8 mind-blowing facts about Lowe's' business (LOW)

lowe's

  • Lowe’s says it can be the world’s 2nd biggest household-improvement retailer by net income.
  • Business enterprise Insider reviewed the company’s filings with the US Securities and Exchange Commission to get a improved sense of its dimension.
  • From the dimension of its workforce to the quantity of its outlets, right here are a number of thoughts-blowing details about Lowe’s.
  • Go to Business enterprise Insider’s homepage for extra stories.

Lowe’s initial arrived on the scene almost 70 many years in the past in North Carolina, and because then it can be grown into a important contender in the globe of household improvement.

To get a improved sense of the company’s all round scale, Business enterprise Insider not too long ago examined the company’s most current yearly filings with the US Securities and Exchange Commission.

Study extra: How Lowe’s CEO Marvin Ellison went from building $four.35 an hour as a Target protection guard to operating the 2nd greatest household-improvement retailer in the US

We had been in a position to select out some fascinating numbers and stats from the money filings that highlight the company’s dimension. Right here are a handful of stats that supply a clearer glimpse at just how massive Lowe’s actually is:

SEE ALSO: Lowe’s fixed a important flaw, and it can be now one particular of the brightest spots in its business enterprise

Will not MISS: Lowe’s has come out swinging in the war for talent with a new campaign to fill hundreds of thousands of experienced trades jobs

SEE ALSO: Lowe’s is cementing its newfound romance with the NFL with adequate 4×6 boards for 140 football fields

Lowe’s initial launched in 1952 and went public 9 many years later on.

lowes first launched in 1952 and went public nine years later - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

Lowe’s boasts two,015 outlets in complete …

lowes boasts 2015 stores in total  - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

… with one,723 outlets across the United States, 279 Canadian spots, and 13 quickly-to-be closed outlets in Mexico, as of February one, 2019.

with 1723 stores across the united states 279 canadian locations and 13 soon to be closed stores in mexico as of february 1 2019 - 8 mind-blowing facts about Lowe's' business (LOW)

Individuals outlets consider up a complete of 209 million square feet of room, altogether.

those stores take up a total of 209 million square feet of space altogether - 8 mind-blowing facts about Lowe's' business (LOW)

And Lowe’s says that its US-primarily based outlets “average approximately 112,000 square feet of retail selling space,” with an extra “32,000 square feet of outdoor garden center selling space.”

and lowes says that its us based stores average approximately 112000 square feet of retail selling space with an additional 32000 square feet of outdoor garden center selling space - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

Most Lowe’s have up to 34,000 diverse solutions.

most lowes contain up to 34000 different products - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

As of February 2019, Lowe’s boasted a workforce of “190,000 full-time and 110,000 part-time employees.”

as of february 2019 lowes boasted a workforce of 190000 full time and 110000 part time employees - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

Lowe’s and its namesake basis have pledged to invest $350 million in diverse communities by 2025.

lowes and its namesake foundation have pledged to invest 350 million in different communities by 2025 - 8 mind-blowing facts about Lowe's' business (LOW)

Supply: Lowe’s

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