Sep 08, 2022 / 05:00PM GMT
Katharine Amanda McShane - Goldman Sachs Group, Inc., Research Division - Equity Analyst
Okay. Thank you for joining us today. We're starting the afternoon session here with Lowe's. I'm very happy to introduce Marvin Ellison, CEO of Lowe's, who's going to start us off with some prepared comments.
Marvin R. Ellison - Lowe's Companies - Inc. - President, CEO & Chairman
Good evening, everyone. So let me start off by just acknowledging that in this challenging retail landscape, Lowe's is very fortunate to operate in a sector that serves a resilient DIY homeowner and a Pro customer that's in high demand. Looking out over the next few years, Lowe's is focused on growing both Pro and DIY through our continued execution of our Total Home Strategy to deliver continued top line and productivity. And as a reminder, home improvement is a $900 billion marketplace in the U.S. And if you combine Lowe's and our largest competitor, we equate to roughly $250 billion of the marketplace in the U.S. And if you combine Lowe's and our largest competitor,
Lowe's Companies Inc at Goldman Sachs Retail Conference Transcript
Jan 23, 2024
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