| Business Summary | | Lowe's
Companies
Inc.
is
a
retailer
of
home
improvement
products,
with
a
specific
emphasis
on
retail
do-it-yourself
(DIY)
and
commercial
business
customers.
Lowe's
specializes
in
offering
products
and
services
for
home
improvement,
home
decor,
home
maintenance,
home
repair
and
remodeling
and
maintenance
of
commercial
buildings.
As
of
February
2,
2001,
Lowe's
operated
650
stores
in
40
states. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lowe's
Companies
Inc.
is
a
retailer
serving
the
do-it-yourself
home
improvement,
home
decor
and
home
construction
markets.
LOW
operates
650
stores
located
in
40
states
predominantly
in
the
eastern
half
of
the
U.S.
For
the
six
months
ended
8/3/01,
revenues
rose
17%
to
$11.4
billion.
Net
income
rose
19%
to
$554.4
million.
Revenues
reflect
the
addition
of
13
million
square
feet
of
retail
selling
space.
Net
income
also
reflects
cost
reductions. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Robert Tillman, 57 Chairman,
Pres, CEO | $1.8M | -- | Robert Niblock, 38 CFO,
Sr. VP | -- | -- | Dale Pond, 55 Exec.
VP of Merchandising | 770K | $451K | Larry Stone, 49 Exec.
VP, Store Operations | 1.2M | -- | William Warden, Jr., 48 Exec.
VP - Admin. | 885K | 329K | Dollar amounts are as of 2-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|