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Lowes Companies Inc

Lowe's Companies, Inc. (LOW) is a Fortune 500 American company that operates as a home improvement retailer. The company was founded in 1946 and is based in Mooresville, North Carolina. Lowe's is the second-largest hardware chain in the world behind Home Depot, with over 2,200 stores in the United States, Canada, and Mexico.

As of the most recent quarter (Q4 2021), Lowe's reported net sales of $21.3 billion, an increase of 5.1% year-over-year. For the full year 2021, the company reported net sales of $96.3 billion, an increase of 24.1% compared to the previous year.

Lowe's had a net income of $1.3 billion for Q4 2021, an increase of 5.9% year-over-year. For the full year 2021, the company's net income was $8.9 billion, an increase of 147.8% compared to 2020.

In terms of earnings per share (EPS), Lowe's reported Q4 2021 EPS of $2.21, an increase of 2.3% year-over-year. For the full year 2021, the company's EPS was $10.03, an increase of 111.2% compared to the previous year.

The company has been experiencing strong growth in recent years, driven by the ongoing trend of home renovation and improvement projects, as well as the shift to e-commerce. Lowe's has been investing heavily in its digital capabilities and expanding its online presence to better compete with rivals such as Home Depot and Amazon.

It's important to note that the COVID-19 pandemic has had a significant impact on retail sales, and while Lowe's has benefited from the trend of home renovation, it has also faced challenges related to supply chain disruptions, labor shortages, and changing consumer behavior. As such, investors should carefully consider these factors when evaluating Lowe's financial performance.

Lowe's currently has a market capitalization of over $150 billion, making it one of the largest retailers in the United States. The company is traded on the New York Stock Exchange under the ticker symbol "LOW."