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Company nameLowe's Companies, Inc.
Company typePublic
Home Improvement
FoundedNorth Wilkesboro, North Carolina (1946)
HeadquartersMooresville, North Carolina, U.S.
No. of locations1,749 (January 2011)
Area servedUnited States
Key peopleRobert Niblock
(Chairman and CEO)
Revenue(+) US$ 48.815 billion (FY 2010) 
Operating income(+) US$ 3.560 billion (FY 2010)
Net income(+) US$ 2.010 billion (FY 2010)
Total assets(+) US$ 33.699 billion (FY 2010)
Total equity(-) US$ 18.112 billion (FY 2010)
Employees234,000 (2011)

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Lowe's Companies, Inc. (Nyse - LOW) is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,710 stores in the United States and 20 in Canada. Expansion into Canada began in 2007, with the opening of a store in Hamilton, Ontario, in early 2008. Lowe's started the construction of two stores in the Mexican city of Monterrey officially entering the Mexican market. In 2011, Lowe's released plans to build over 150 stores in Australia over the coming 5 years, hoping to compete with the AUD$46 billion industry.

Lowe's Companies, Inc. is 43 on the Fortune 500 list. As of 2010, the chain is based in Mooresville, North Carolina, near Charlotte, North Carolina. Lowe's is the second-largest hardware chain in the U.S. behind The Home Depot and ahead of Menards. Globally, Lowe's is also the second-largest hardware chain, again behind The Home Depot and ahead of the European stores B&Q and OBI.

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