Lowe's Companies Overview

Industry
Retail
Revenue
Headquarters
Employees
300,000
Founded In
Website
Organization Type
Public
Social Media

Lowe's is a retail company focusing on home improvement, hardware, and appliances. Founded in 1946 by Carl Buchan, the company has grown from a small hardware store in North Carolina to the second-largest home improvement retailer worldwide. With a commitment to offering high-quality products at low prices and delivering superior customer service, Lowe's has successfully expanded its operations across the United States, Canada, and Mexico.

Led by CEO Marvin R. Ellison, Lowe's has seen great success by becoming an industry leader in the retail sector with an annual revenue of $97.1 billion. The company employs a diverse workforce of 300,000 individuals with varied political beliefs and backgrounds. Competing with brands like Best Buy, Target, and Dollar General, Lowe's offers competitive salaries to its employees, with an average of $30,203 per year.

Lowe's Companies's Mission Statement

Gether, deliver the right home improvement products, with the best service and value, across every channel and community we serve.

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3.6/5

Lowe's Companies employee reviews

Based on 162 ratings

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Job openings at Lowe's Companies
6,629 Positions
Average salary at Lowe's Companies
$30,203 yearly

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Lowe's Companies employee reviews

Lowe's Companies employee reviews
3.6/5

Based On 162 Ratings

Work At Lowe's Companies? Share your experience.
Employee Reviews
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1.0
A zippia user wrote a review on Jul 2024
Pros of working at Lowe's Companies

Benefits and fair pay

Cons of working at Lowe's Companies

Tenured staff who are lazy and abuse the system, but management refuses to clean house.

Lowe's Companies Benefits

Health Care.

What do you like best about Lowe's Companies's CEO and the leadership team?

CEO has rewarded employees across the board which is commendable.

How would you improve Lowe's Companies's culture?

Drug test regularly. Have peer reviews by staff. Customer input by request.

How did you prepare for the Lowe's Companies interview?

Researched the role and the company.

How does your compensation at Lowe's Companies compare to the industry average?

Comparable

What's the diversity at Lowe's Companies like?

Area/region is not very diverse. Difficult to say.

What brings you the most joy at Lowe's Companies?

Customers. Coworkers are awful.

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5.0
A zippia user wrote a review on Mar 2024
Pros of working at Lowe's Companies

grate at there job

Cons of working at Lowe's Companies

it is a job

Lowe's Companies Benefits

you get money off

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2.0
A zippia user wrote a review on Mar 2024
Pros of working at Lowe's Companies

A lot of Locations ,flexable work schedules for partimers,

Cons of working at Lowe's Companies

Low paying organization for the backend employees who do the most work such as receiving and pulling delivery orders.Spring time is here and pulling orders of mulch ,cement ,gravel,and other project items not to mention WOOD PROJECT ITEMS 16FTs.is overwelmi ng in aday sometimes 10 to 13 orders aday for $ 14 15even $16 a hr.is slave like Do Better Lowes

Lowe's Companies Benefits

Flexible Days,& hours for partime workers as it should be at the pay rate.This is my 1rst time in retail it sucks for all the work they ask of you Especially in the Receiving &Delivery Depts.

What do you like best about Lowe's Companies's CEO and the leadership team?

Dont no much about either to busy pulling 9to10 orders aday needs to be a cutoff or a night team to help complete these orders

How would you improve Lowe's Companies's culture?

MORE MONEY!!!!!!per hr.in the Delivery and Receiving Dept. We do all the heavy lifting Every Day

How did you prepare for the Lowe's Companies interview?

Shirt and Tie and being punctual

How does your compensation at Lowe's Companies compare to the industry average?

This is my 1rst time in retail im a retiree and my last unless the Pay Standards increase the cost of living on the East Coast and the pay that Lowes is giving for the Dept . Im in does not match for the tasks on a daily basis that are asked of me i did 32yrs in the P.O. so i no all about hard work.

What's the diversity at Lowe's Companies like?

Its alright. More Money

What brings you the most joy at Lowe's Companies?

As a retiree just getting out the house and seeing my lowes family everyday its kool we all grinding it out some more than others getting my 6miles a day walking the warehouse flr.living life

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1.0
A zippia user wrote a review on Feb 2024
Pros of working at Lowe's Companies

Good benefits and bonuses

Cons of working at Lowe's Companies

Very toxic environment, nothing but drama and the lazy are promoted so they can keep the hard workers under them to make themselves look good

Lowe's Companies Benefits

Lots of bonuses, especially during Covid

What do you like best about Lowe's Companies's CEO and the leadership team?

I do not like Marvin Ellison, he has cut too many vital roles and the stores are suffering as he focuses solely on the online business

How would you improve Lowe's Companies's culture?

Go back to our roots, used to be a great company to work for and the work performed used to mean something and have value

How did you prepare for the Lowe's Companies interview?

I searched interview questions online and prepared my own answers from the examples.

How does your compensation at Lowe's Companies compare to the industry average?

I think it is below average especially for the amount of work that is expected

What's the diversity at Lowe's Companies like?

The store I was in had a lot of favoritism shown by management to people of their same color.

What brings you the most joy at Lowe's Companies?

A job well done.

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5.0
A zippia user wrote a review on Feb 2024
Pros of working at Lowe's Companies

The customer interaction

Cons of working at Lowe's Companies

Standing in one place for long periods of time

Lowe's Companies Benefits

Discount

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4.0
A zippia user wrote a review on Feb 2024
Pros of working at Lowe's Companies

Hours

Cons of working at Lowe's Companies

Low pay

Lowe's Companies Benefits

Work life balance , location of stores able to transfer to other stores

What do you like best about Lowe's Companies's CEO and the leadership team?

Openness and his transparency about what direction the company would like to go

How would you improve Lowe's Companies's culture?

Nothing, I’m working with people from different countries and backgrounds

How did you prepare for the Lowe's Companies interview?

Read up on Lowe’s background and what they had to offer in terms of growth

How does your compensation at Lowe's Companies compare to the industry average?

A little less than other large corporations in our state

What's the diversity at Lowe's Companies like?

Very satisfied with my group of coworkers

What brings you the most joy at Lowe's Companies?

Helping customers find what they’re looking for and especially the older generation

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4.0
A zippia user wrote a review on Jan 2024
Pros of working at Lowe's Companies

Appreciation of pro active work

Cons of working at Lowe's Companies

Unnecessary Over Working and Disrespecting Employee's Personal Time

Lowe's Companies Benefits

Award for my idea

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5.0
A zippia user wrote a review on Jan 2024
Pros of working at Lowe's Companies

Remote position, benefits, great management support

Cons of working at Lowe's Companies

Limited paid holidays

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4.0
A zippia user wrote a review on Dec 2023
Pros of working at Lowe's Companies

it is hard finding good people to work with. Allot of people come in and don’t expect to do anything and still expect to get paid. Once you find good workers the job is great.

Cons of working at Lowe's Companies

it is hard finding good people to work with. Allot of people come in and don’t expect to do anything and still expect to get paid. Once they are hired. Lowes will not fire them no matter what they do. It’s horrible.

Lowe's Companies Benefits

Learning. Meeting other people I would not of met otherwise.

What do you like best about Lowe's Companies's CEO and the leadership team?

Anytime we see the CEO, which is not often but understandably so, he is interested in what’s going on.

How would you improve Lowe's Companies's culture?

Listen to what is going on. Learn the process. Just because you have been there before dosnt mean it dosnt change. STOP picking you friends for management and support the DS’s that need the help.

How did you prepare for the Lowe's Companies interview?

Write anything that is promised down. If it’s not on paper and signed by the interviewer then it will not happen.

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2.0
A zippia user wrote a review on Dec 2023
Pros of working at Lowe's Companies

Great insurance, good parking spots, the lockers hold your stuff, the toilets flush.. sometimes

Cons of working at Lowe's Companies

Management will lie, twist your arm, and blatantly disrespect you in front of peers, customers, and even corporate. The customers expect you to be an absolute genius on every single item in the store. Store managements and even corporate says that a “significant increase” in pay for switching to a much more labor intensive position where you give up a great schedule, weekends, and holidays off is a massive twenty five cents. Then tell you you’re above the position average and will not be receiving any additional pay for at least two years. When so many forms and people you’ve talked to said the position STARTS at .50 less then what you took a “raise” for.

Lowe's Companies Benefits

Insurance is good, get an hour for lunch,

What do you like best about Lowe's Companies's CEO and the leadership team?

There’s something to like? All the do is brag about how sales are through the roof and say we haven’t met sales so we aren’t getting a bonus this quarter. (Its only $300 if sales are met) and how the store made $200k in a day

How would you improve Lowe's Companies's culture?

Jfc listen. The people on the floor know what we are doing, just because you started as a manager at this company 20 years ago doesn’t mean you have what it takes to get down and dirty like the slaves you call employees

How did you prepare for the Lowe's Companies interview?

Don’t. Just don’t. The “flexible schedule” they tell you about doesn’t tell you that you will be working 11a-9p one day and 5a-2p next, and if you complain about it, they will put you on part time and still schedule you one day 4p-9p and the next 6a-10a and that’s if you’re lucky. Most times you’ll get one day a week and it’s only four hours.

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The team at Lowe's Companies

  • The founders of Lowe's Companies is Lucius Lowe.
  • The key people at Lowe's Companies are Marvin R. Ellison and Lucius Lowe.
Key People
M
Marvin R. Ellison
L
Lucius Lowe

Lowe's Companies Rankings

Lowe's Companies is ranked #80 on the Best Retail Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Lowe's Companies salaries

8.9
Salary Score
The average a Lowe's Companies salary in the United States is $30,203 per year. Lowe's Companies employees in the top 10 percent can make over $47,000 per year, while Lowe's Companies employees at the bottom 10 percent earn less than $19,000 per year.
Average Lowe's Companies Salary
$14.52
hourly
$30,203 yearly
Updated March 14, 2024

And if you're looking for a job, here are the top jobs Lowe's Companies is hiring right now:

  1. Senior Software Engineer
  2. Project Specialist
  3. Human Resources Coordinator
  4. Stock Unloader
  5. Forklift Operator

Rate Lowe's Companies' commitment to diversity and inclusion.

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Lowe's Companies diversity

9.9
Diversity Score
We calculated Lowe's Companies’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lowe's Companies’s workforce.
Lowe's Companies diversity summary. Zippia estimates Lowe's Companies's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Lowe's Companies's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Lowe's Companies's workforce.
  • Lowe's Companies has 300,000 employees.
  • 41% of Lowe's Companies employees are women, while 59% are men.
  • The most common ethnicity at Lowe's Companies is White (63%).
  • 15% of Lowe's Companies employees are Hispanic or Latino.
  • 13% of Lowe's Companies employees are Black or African American.
  • The average employee at Lowe's Companies makes $30,203 per year.
  • Lowe's Companies employees are most likely to be members of the democratic party.
  • Employees at Lowe's Companies stay with the company for 4.1 years on average.
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Lowe's Companies Office Locations

Lowe's Companies is headquartered in Mooresville, NC

Biggest Lowe's Companies Locations

Rank
ascdesc
City
ascdesc
Job Count
ascdesc
Avg. Salary
ascdesc
1Phoenix, AZ18$31,012
2Houston, TX17$28,720
3New York, NY13$35,147
4Chicago, IL11$31,377
5Dallas, TX11$28,600
6Los Angeles, CA10$36,015
7San Antonio, TX10$29,027
8San Jose, CA9$36,205
9San Diego, CA5$35,921
10Philadelphia, PA3$30,797

Lowe's Companies Financial Performance

9.9
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Lowe's Companies currently has 97.1B in revenue. Lowe's Companies's most recent quarter produced 25.0b (q2'2023).

Lowe's Companies annual revenue

$97B
$78B
$58B
$39B
$19B
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Highest paying Lowe's Companies competitors

Compare Lowe's Companies salaries to competitors, including Best Buy, Target, and Dollar General. Employees at Best Buy earn the highest average yearly salary of $35,705. The salaries at Target average $35,229 per year, and the salaries at Dollar General come in at $32,035 per year.

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Zippia gives an in-depth look into the details of Lowe's Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lowe's Companies. The employee data is based on information from people who have self-reported their past or current employments at Lowe's Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lowe's Companies. The data presented on this page does not represent the view of Lowe's Companies and its employees or that of Zippia.

Lowe's Companies may also be known as or be related to Lowe's, Lowe's Companies, Lowe's Companies Inc, Lowe's Companies, Inc. and Lowe’s.