Tag Archives: Lowes

Lowe’s completes $8.8 billion acquisition of serious competitor

Lowe’s completes .8 billion acquisition of serious competitor

National home improvement chain Lowe’s finalized an $8.8 billion deal this week to acquire one of its competitors. On Thursday, the company confirmed it had completed the purchase of California-based Foundation Building Materials (“FBM”). FBM is a leading building materials and construction products distribution company that has more than 370 locations in the U.S. and Canada. “Completing the acquisition of …

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Apple, Ulta, Lowe’s & More

Apple, Ulta, Lowe’s & More

Labor Day weekend isn’t just about the last cookouts and beach days of summer. It’s also one of the biggest shopping holidays of the year. In 2025, retailers (like Amazon and Lowe’s) are rolling out deep discounts across home, fashion, tech, beauty and more. Whether you’re refreshing your bedroom with a new mattress, upgrading your earbuds or getting ahead on …

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The Best Lowe’s Labor Day Sale Deals to Shop Now

The Best Lowe’s Labor Day Sale Deals to Shop Now

Labor Day is almost here and with the unofficial end to summer comes a ton of sales at various retailers — including Lowe’s. The home improvement store just kicked off its sale and is offering deals across categories, including items like gardening tools, grills, appliances and more. The sale runs through September 3 and you can find deals for as …

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Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat – MarketWatch

Lowe’s tops Home Depot with an $8.8 billion buyout deal and an earnings beat  MarketWatch Lowe’s beats on quarterly earnings, buys home pros business for $8.8 billion  CNBC Lowe’s Boosts Full-Year Revenue Outlook, to Buy Home-Professional Firm for $8.8 Billion  The Wall Street Journal Lowe’s to Buy Foundation Building in $8.8 Billion Cash Deal  Bloomberg.com Lowe’s buying Foundation Building Materials for about $8.8B as …

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Target Sales Decline Again As Retailer Warns Of ‘Volatile’ Tariff Environment, Lowe’s Beats Expectations

Target Sales Decline Again As Retailer Warns Of ‘Volatile’ Tariff Environment, Lowe’s Beats Expectations

Topline Target posted another quarter of declining sales Wednesday, but not as steep as their first quarter sales drop, as the big box retailer struggles to recover after facing consumer backlash and tariff pressure—while Lowe’s beat expectations for earnings and sales as it reached a deal to acquire a construction materials supplier for professional builders. Big box retailers including Lowe’s, …

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Target, Lowe’s, Intel, Palantir, Dayforce, Hertz, James Hardie, and More Market Movers – Barron's

Target, Lowe’s, Intel, Palantir, Dayforce, Hertz, James Hardie, and More Market Movers  Barron’s 10 things to watch in the stock market Wednesday including TJX’s surge and new Target CEO  CNBC Stock Market Today: S&P 500 and Nasdaq set for lower open, Dow flat, as rotation out of big tech continues; Lowe’s rises, Target falls with Fed minutes on tap.  MarketWatch 5 Things to …

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Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

Lowe’s Announces Agreement to Acquire Foundation Building Materials, a Leading North American Distributor of Interior Building Products

–Enhances offering for Pro customers—–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 “Company”) (NYSE: LOW) today announced it has entered into a definitive agreement (the “Agreement”) to acquire Foundation Building Materials (“FBM”) for approximately $8.8 billion. FBM is a leading North American distributor of …

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