Lowe's (WBO:LOWE) Construction In Progress : €650 Mil (As of Jan. 2024)

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What is Lowe's Construction In Progress?

Lowe's's quarterly construction in progress stayed the same from Jul. 2023 (€0 Mil) to Oct. 2023 (€0 Mil) but then increased from Oct. 2023 (€0 Mil) to Jan. 2024 (€650 Mil).

Lowe's's annual construction in progress increased from Jan. 2022 (€632 Mil) to Jan. 2023 (€736 Mil) but then declined from Jan. 2023 (€736 Mil) to Jan. 2024 (€650 Mil).

Lowe's Construction In Progress Historical Data

The historical data trend for Lowe's's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lowe's Construction In Progress Chart

Lowe's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Construction In Progress

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455.91

682.25

632.06

735.90

649.94

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Construction In Progress	Get a 7-Day Free Trial															735.90	-	-	-	649.94

Lowe's Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lowe's (WBO:LOWE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (WBO:LOWE) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico LWE:Germany LWE:Germany LOWC34:Brazil

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (WBO:LOWE) Headlines

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