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Lowe's is the second-largest hardware chain in the United States (previously the largest in the U.S. until surpassed by Home Depot in 1989) behind rival the Home Depot and ahead of Menards. [6] It is also the second-largest hardware chain in the world, also behind the Home Depot, but ahead of European retailers Leroy Merlin , B&Q , and OBI .
Home Depot has a price-to-earnings (P/E) ratio of 22.2 and a dividend yield of 2.7%, compared to a less expensive 16.8 P/E ratio for Lowe's but a lower yield at 1.9%. Again, Lowe's expects a more ...
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The other two opened by early 2011. In 2018 Lowe's had 62 locations in Canada, with stores in British Columbia, Manitoba and Saskatchewan. Each store represented an average investment of $20.5 million (US$20.4 million). [8] In February 2013, Lowe's Canada hired former Walmart Canada and Loblaw Companies executive Sylvain Prud'homme as CEO. [9]
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