In the latest trading session, Lowe's (LOW) closed at $191.94, marking a +0.94% move from the previous day.
Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1.0 billion of 4.800% Notes due 2026, $1.0 billion of 5.150% Notes due 2033, $500 million of 5.750% Notes due 2053 and $500 million of 5.850% Notes due 2063 (collectively, the "Notes"). Lowe's plans to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on March 30, 2023, subject to satisfaction of customary closing conditions.
This spring, millions of homeowners will encounter the joys of growing for the first time. And while a new Lowe's survey found home gardeners of varying skill levels say gardening provides innumerous benefits, including stress relief (50%) and a sense of pride (51%), nearly seven in 10 (68%) have, at least once, felt like they need help with some aspect of gardening.