About the company: Lowes Companies Inc.
Founded in the year 1946, Lowes Companies is a home improvement retailer and also a Fortune 100 home improvement company. The company is the second largest home improvement retailer in the world with revenue figures of $53.40 Billion. The company operates in three geographic regions, US, Canada and Mexico with a total of 1830 stores around the regions. Lowes serves approximately 15 million customers in a week.
Trend in the capital expenditure:
Referring to the annual report of the company, we found that over the period of three years the company has cut down on its capital expenditure to half. Beginning with financial reporting Continue reading...