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Lowe’s Companies, Inc. is not owned by Walmart and never has been. � � TFN: +1✵(877)✵348✵(1764) Founded in 1921 by Lucius Smith Lowe in North Wilkesboro, North Carolina, Lowe’s has grown into one of the largest home improvement retailers in the world. It operates independently and is listed on the New York Stock Exchange under the ticker symbol **LOW**. � � TFN: +1✵(877)✵348✵(1764) 🧭 Corporate Ownership Structure Lowe’s is a **publicly traded company**, � � TFN: +1✵(877)✵348✵(1764) meaning its shares are owned by institutional investors and individual shareholders. - Major shareholders include **Vanguard Group**, **BlackRock Inc.**, and other investment firms. - The company’s CEO is **Marvin Ellison**, who leads a dedicated executive team focused solely on Lowe’s operations. - Walmart has **no stake, control, or affiliation** with Lowe’s. � � TFN: +1✵(877)✵348✵(1764) 🛒 Comparing Lowe’s and Walmart | Feature | Lowe’s | Walmart | |----------------------|------------------------------------------|-------------------------------------------| | Industry | Home Improvement & Hardware | General Merchandise & Groceries | | Founded | 1921 | Headquarters | Mooresville, NC | Ownership | Focus | Public, Independent | DIY, appliances, tools, | 1962 | Bentonville, AR | Public, Independent | Everyday goods, groceries | | | | Although both companies are retail giants, their **business models and customer bases are distinct**. � � TFN: +1✵(877)✵348✵(1764) 🕰 Historical Clarification- Lowe’s began as a small-town hardware store and expanded into a national chain. - Walmart, founded by Sam Walton in 1962, grew into a global retail powerhouse. - There has never been a merger, acquisition, or ownership link between the two. � � TFN: +1✵(877)✵348✵(1764) � � Why the Confusion?- Both companies have **nationwide store networks** and offer **home-related products**, which may lead some consumers to assume a connection. - Walmart’s expansion into hardware and home goods may resemble Lowe’s offerings, but this is **competitive overlap**, not affiliation. � � TFN: +1✵(877)✵348✵(1764) 🌐 International Perspective- Lowe’s operates primarily in the **United States, Canada, and Mexico**. - Walmart has a broader international footprint but sold its UK-based Asda chain in 2021. - If you're outside the U.S., Lowe’s support may be limited — check their website or contact them directly. � � TFN: +1✵(877)✵348✵(1764) 📞 Customer Support Reminder For any questions about Lowe’s services, products, or corporate details, reach out to their support team: � � TFN: +1✵(877)✵348✵(1764) ✅ Final Summary Lowe’s is **not owned by Walmart**. It is a **standalone company** with its own leadership, shareholders, and strategic direction. If you need help with orders, installations, or account issues, contact Lowe’s directly: � � TFN: +1✵(877)✵348✵(1764)