The BusinessWeek 50 Ranking
11
Lowe's
AH, THE SWEET smell of untapped markets. While archrival Home Depot Inc. is pulling back on the pace of new store openings as it approaches saturation in the U.S. market, No. 2 home improvement retailer Lowe’s is still in full growth mode. The Mooresville (N.C.) company opened its first store in New Hampshire in 2005 and added a total of 150 stores overall. Its bright, airy, and female-friendly stores and an established reputation for customer service are luring shoppers from Home Depot. And Lowe’s stock continues to be a darling of Wall Street: It’s up more than 210% over the past five years.
Company Info |
|
| 2005 Rank | 64 |
| GET MORE COMPANY INFO | LOW |
| Market Value $ Million | 53,453.1 |
| Total Return $ Million | (1-yr.) 16.4
(3-yr.) 75.0 |
| 2005 Sales $ Billion | 43.2 |
| Sales Growth $ Million | (1-yr.) 19
(3-yr.) 17.8 |
| Long-Term Growth Est. % | 17.0 |
| Net income $ Million | 2,771.0 |
| Net Income Growth $ Million | (1-yr.) 27
(3-yr.) 22.8 |
| Net Margin %* | 6.4 |
| Return on Inv. Capital (%)* | 15.5 |
| Share Price 12-Mo. Hi/Lo | 70/51 |
| P/E Ratio | 20 |
| Industry | Retailing |
| CORPORATE WEB SITE | |
