Lowe’s Companies: Localization Strategy & Space Productivity Improvement to Drive Sales Growth & Market Share In The Targeted Segments! 

Lowe’s Companies, Inc. delivered a mixed performance during the first quarter of fiscal 2025, reporting total sales of $20.9 billion and a 1.7% decline in comparable sales, aligning with their expectations. The results reflect challenges in the DIY segment, particularly in discretionary spending on larger ticket items, compounded by a slow start to the spring season largely due to adverse weather conditions. On the positive side, the company showed strength in Pro sales, reporting mid-single-digit growth, and saw a 6% rise in online sales due to improvements in both traffic and conversion rates. The investments in technology, especially in their AI initiatives, contributed positively to customer satisfaction, as reflected in being rated #1 in customer satisfaction among home improvement retailers by J.D. Power.