Lowes saw solid momentum in the third quarter as comparable sales grew by 2.2% across the globe despite having a phenomenal 2020. The company’s comps were up 2.6% for the U.S. alone on top of over 30% growth compared to 2020. These exceptional results were driven by the well-organized performance of their Total Home strategy, which allowed the management to increase their share of wallet with both Pro and DIY customers as they gained trust in Lowe’s as the right destination for all of their proj ....

15 Dec 2021
Lowe’s Companies Inc.: Can It Sustain The New Highs? (12/2021)

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Lowe’s Companies Inc.: Can It Sustain The New Highs? (12/2021)
- Published:
15 Dec 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
Lowes saw solid momentum in the third quarter as comparable sales grew by 2.2% across the globe despite having a phenomenal 2020. The company’s comps were up 2.6% for the U.S. alone on top of over 30% growth compared to 2020. These exceptional results were driven by the well-organized performance of their Total Home strategy, which allowed the management to increase their share of wallet with both Pro and DIY customers as they gained trust in Lowe’s as the right destination for all of their proj ....