The company called Lowe’s Company is also one of the large players in the internationals well as in the US market for home improvement. The company is also based in Mooresville, North Carolina and provides a diverse product offering which pertains to decorations, repairs and maintenance well as improvement and remodeling products to its customers. The company is second only to the Home Depot in the market.
“The company recorded revenues of $46,927 million during the fiscal year ended January 2007, an increase of 8.5% over 2006. The operating profit of the company was $5,152 million during fiscal year 2007, an increase of 10.7% over 2006. The net profit was $3,105 million in fiscal year 2007, an increase of 12.3% over 2006.” (‘Lowe’s Companies, Inc. SWOT Analysis’, 2007)