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The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe for $4,200, [ 9 ] that same year.
Lindal Cedar Homes (est. in 1944) is an American manufacturer of prefabricated post-and-beam homes. Since 1950s it is the largest North American manufacturer of prefabricated cedar homes. [6] In the 1960s it was the largest US manufacturer of A-frame houses. The company operates as a third-generation, family-owned private company.
Shares of Lowe's are up 20% year to date, compared to the S&P 500's 24% gain, according to Yahoo Finance Data. Rival Home Depot is up 17% in 2024. Rival Home Depot is up 17% in 2024.
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