November 18, 2014

Lowe's has brought back Ross McCanless to fill the role of general counsel, secretary and chief compliance officer, effective Jan. 12, 2015. 

McCanless previously held the legal role at Lowe's from 2003 to 2006. Since then, he went on to serve as chief legal officer, general counsel and secretary for Extended Stay America, Inc. and ESH Hospitality, Inc.

In his new position with Lowe's, he will be responsible for the company's legal matters, as well as advising the chairman and board of directors on corporate governance.

May 21, 2014

Bad weather for retail dampened sales at Lowe's, but earnings surged well into the double digits for the first quarter, the company announced Wednesday morning.

Lowe's sales increased 2.4% in the first quarter, rising to $13.4 billion. Comparable-store sales increased 0.9%.

The Mooresville, North Carolina-based retail giant reported a net earnings surge of 15.6% to $624 million for the quarter ended May 2.

November 15, 2013

Lowe's has named former Wellpoint CEO Angela Braly to its board of directors, the company announced Friday.

“As former chair and CEO of a publicly traded company, Angela has strong executive leadership and strategic management skills that will be an asset to this board,” said Robert A. Niblock, Lowe’s chairman, president and CEO. “She also brings a wealth of experience and insights in critical areas such as consumer marketing, communications and public relations.”

November 19, 2012

Mooresville, N.C.-based Lowe's reported third-quarter net income of $396 million, up 76% from earnings of $225 million a year ago. Revenues increased 2% to $12.07 billion, ahead of consensus estimates of $11.93 billion.

May 21, 2012

Lowe’s reported net earnings of $527 million for the quarter ended May 4, a 14.3% increase over the same period a year ago. 

Sales for the quarter increased 7.9% to $13.2 billion from $12.2 billion in the first quarter of 2011.

Comparable-store sales for the quarter increased 2.6%, while comparable-store sales for the U.S. business increased 2.7%.

May 29, 2011

At its annual meeting, Lowe’s chairman and CEO Robert A. Niblock continued to hammer on the theme of transformation at the nation's second-largest home center chain.

“Making home improvement simple for customers starts with making it simple for our employees by providing them with the right technology and resources,” said Niblock. “Throughout our 65-year history, Lowe’s has changed many times. To be successful in the future, we must transform the shopping experience for customers wherever and however they choose to shop with Lowe’s.”

March 31, 2011

If you follow Lowe’s as an investor, a supplier or a competitor, you’re familiar with Larry Stone and his role at the nation’s second largest home center chain. He’s the man who runs the stores, and it’s his North Carolinian accent that — for the past 10 years, at least — has grown almost inseparable from the company’s image.

January 29, 2011

Mooresville, N.C.-based Lowe's announced Friday that Larry Stone, president and chief operating officer, will retire June 2 after more than four decades with the home improvement giant.

Stone has served in virtually every leadership position within store operations and merchandising during his 42-year career with the company, and many credit him for Lowe’s success and rise into the No. 2 position among home-improvement retailers

January 21, 2008

Robert A. Niblock, who was previously the vice chairman, takes over for Brad Anderson, CEO...