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Lowe’s Announces Acquisition of Foundation Building Materials

Story Highlights
  • Lowe’s will acquire Foundation Building Materials for $8.8 billion, enhancing Pro customer offerings.
  • The acquisition aligns with Lowe’s Total Home strategy, aiming for long-term sales growth and profit expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lowe’s Announces Acquisition of Foundation Building Materials

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Lowe’s ( (LOW) ) has provided an update.

On August 19, 2025, Lowe’s Companies, Inc. announced an agreement to acquire Foundation Building Materials (FBM) for $8.8 billion. FBM is a major North American distributor of interior building products, and this acquisition is expected to enhance Lowe’s offerings for professional customers, aligning with its Total Home strategy. The transaction, anticipated to close in the fourth quarter of 2025, is expected to be accretive to adjusted diluted earnings per share in the first full year post-closing. Lowe’s plans to finance the acquisition through a combination of short-term and long-term debt, maintaining its current credit ratings. This strategic move positions Lowe’s for long-term sustainable sales growth and profit expansion, significantly enhancing its Pro customer offerings.

The most recent analyst rating on (LOW) stock is a Sell with a $245.00 price target. To see the full list of analyst forecasts on Lowe’s stock, see the LOW Stock Forecast page.

Spark’s Take on LOW Stock

According to Spark, TipRanks’ AI Analyst, LOW is a Neutral.

Lowe’s primary strengths lie in its profitability and strategic initiatives, particularly in Pro sales and online growth. However, the negative equity and revenue decline weigh heavily on its financial performance. Technical analysis and valuation present a mixed but stable outlook. The earnings call suggests potential for positive future developments, with strategic moves that could mitigate current challenges.

To see Spark’s full report on LOW stock, click here.

More about Lowe’s

Lowe’s Companies, Inc. is a leading home improvement company based in Mooresville, North Carolina, operating over 1,700 stores across the United States. The company serves approximately 16 million customer transactions weekly and focuses on providing home improvement products and services. Lowe’s aims to support communities through various programs and is recognized as a FORTUNE® 100 company.

Average Trading Volume: 2,849,217

Technical Sentiment Signal: Strong Buy

Current Market Cap: $140.6B

Find detailed analytics on LOW stock on TipRanks’ Stock Analysis page.

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