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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. [7]
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Data source: Company earnings reports. For fiscal 2024, Home Depot expects its comps to dip by 2.5%, while Lowe's is guiding for a steeper decline of 3% to 3.5%.
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Thaddeus Sobieski Constantine Lowe (August 20, 1832 – January 16, 1913), also known as Professor T. S. C. Lowe, was an American Civil War aeronaut, scientist and inventor, mostly self-educated in the fields of chemistry, meteorology, and aeronautics, and the father of military aerial reconnaissance in the United States. [1]