Comprehensive protection plans

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How Lowe's Makes Money
Lowe's Sales 2013-2023 - Lowe's Business Model
Lowe's Companies, Inc., a home improvement retailer based in the United States, generates revenue from a variety of sources, including:

Retail sales
Lowe's generates revenue from the sale of various home improvement products such as appliances, tools, hardware, building materials, home decor, etc. This is the main source of revenue for the company.

Installation services
Lowe's offers installation services for many products, such as flooring, windows, doors and appliances el salvador phone number data , which is an additional revenue stream for the company.


Lowe's offers extended protection plans for many of the products it sells, giving customers additional coverage beyond the manufacturer's warranty. This is a source of recurring revenue for the company.

Credit card program
Lowe's has a credit card program that allows customers to finance purchases and earn rewards. The company earns revenue from interest and fees associated with the program.

Professional services
Lowe's offers professional services such as painting, plumbing and electrical work through a network of independent contractors, which is another source of revenue for the company.

Other business ventures
Lowe's engages in other business ventures, such as partnering with other companies or developing new products or services, which provide additional sources of revenue.