Lowe’s, a national home improvement chain, has finalized an agreement to acquire the company Foundation Building Materials for about $8.8 billion, according to a Lowe’s statement. Since 2011, Foundation Building Materials has expanded its network to more …

 Cannon  The pandemic sparked a home improvement boom, with millions of Americans pouring money into DIY projects and upgrades. These projects led to a jump in sales for some of the nation’s largest home-improvement chains.However in recent years, that …

"And you know that thing will last another 80 years!" by Michelle RochniakAugust 30, 2025 It's hard to get nice, long-lasting furniture for an affordable price now. Most modern furniture looks like it'll fall apart if you sneeze, or you…

Lowe's has acquired smaller chain Foundation Building Materials for approximately $8.8 billion as the home improvement giant prioritizes its attention on offering more options to professional builders. FBM is a distributor of drywall, insulation and …

Lowe's (LOW) on Wednesday raised its forecast for 2025 and reported a return to same-store sales growth after a decline to start the year while the company is still seeing some caution among consumers on bigger-ticket purchases. Lowe's reported …

For the quarter ended 1 August, the home improvement retailer posted net earnings of $2.4bn, or $4.27 per diluted share, compared with $4.17 a year earlier. Adjusted earnings per share rose 5.6% to $4.33, beating Wall Street’s $4.24 consensus. Revenue grew …

Lowe's beat Wall Street's earning expectations on Wednesday as demand for home projects picked up during the quarter, but homeowners' appetite for bigger projects remained softer. The retailer also announced its latest effort to attract more …

Lowe's is buying Foundation Building Materials, a distributor of drywall, insulation and other products, for approximately $8.8 billion as the home improvement retailer intensifies its focus on professional builders. FBM also provides metal framing, …

00:00 Speaker A And then we got Lowe's on the flip side, which again, kind of dual news here, right? Came out with the numbers and also announced an acquisition. 00:12 Speaker B Yeah, two things that are really boosting investors' optimism around …

Wall Street will get a close look at how American consumers are faring in the early days of President Donald Trump's tariff regime when the biggest US retailers like Walmart Inc and Target Corp report earnings next week. Consumer spending accounts for …