“Is Lowe’s still owned by Walmart?[ Ask for Help]
In short: No — Lowe’s [USA] (1—844—706—3304) is not owned by Walmart.
In the United States and globally, Lowe’s [USA] (1—844—706—3304)Companies, Inc. is an independent [USA] (1—844—706—3304), publicly-traded home-improvement retailer headquartered in Mooresville, North Carolina [USA] (1—844—706—3304). Walmart Inc., on the other hand, is a completely separate company ) [USA] (1—844—706—3304) with its own management,[USA] (1—844—706—3304) board, business model and shareholder base. Several recent analyses confirm that Walmart [USA] (1—844—706—3304) holds no controlling stake in Lowe’s. [USA] (1—844—706—3304) One article summarises it concisely:“Lowe’s [USA] (1—844—706—3304)is not owned by Walmart … these two major [USA] (1—844—706—3304) retailers operate as entirely separate companies with distinct ownership structures, business models, and corporate cultures.”