News

Lowe’s to acquire building products company for its Pro services for $8.8 billion

Lowe’s has agreed to acquire a building products company for $8.8 billion, the home improvement retailer announced Wednesday.

Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion

Lowe’s posted second-quarter sales growth and raised its full-year outlook, shrugging off weaker DIY demand from a slow ...

Lowe’s to acquire products distributor in $9B deal to boost pro customer reach

The acquisition will expand the Mooresville-based home improvement chain’s reach among its professional customers, Lowe’s ...

Lowe's (LOW) Q2 2025 Earnings Call Transcript

Thank you, Kate, and good morning, everyone. This morning, we announced the acquisition of Foundation Building Materials or ...

Stocks to Watch Wednesday: Lowe’s, Toll Brothers, Estée Lauder, Target

The home-improvement retailer boosted its annual outlook, fueling a mode ...

LOWE'S ANNOUNCES AGREEMENT TO ACQUIRE FOUNDATION BUILDING MATERIALS, A LEADING NORTH AMERICAN DISTRIBUTOR OF INTERIOR BUILDING PRODUCTS

Increases Pro Penetration1----Positions Company for Long-Term Sustainable Sales Growth and Profit Expansion-- MOORESVILLE, N.C., Aug. 20, 2025 /PRNewswire/ -- Lowe's Companies, Inc. ("Lowe's" or the ...

Lowe's Raises Outlook as Profit Jumps on Pro and DIY Demand

Key Takeaways Lowe's earnings exceeded forecasts on higher sales to both construction professionals and DIY customers.The home-improvement retailer raised its guidance on benefits from the purchase of ...