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LOWE'S TURNS SQUARE FEET INTO A MEASURABLE FORCE FOR GOOD

1. Lowe's pledges 10 million square feet of community impact annually. 2. 5,500 associates participated in a 24-hour event building beds for children. 3. A five-year, $100 million initiative will fund 100 large-scale community projects each year. 4. Lowe's aims to measure its impact on community improvement effectively. 5. CEO emphasizes 'helping others' as core to Lowe's corporate identity.

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Why Bullish?

Lowe's commitment to community development can boost brand loyalty and sales. Historical data shows similar initiatives have positively affected stock performance.

How important is it?

The article highlights Lowe's social responsibility initiatives, which could significantly improve customer perceptions and sales growth.

Why Long Term?

Sustained community programs drive consumer loyalty and enhance brand reputation over time. Long-term investments in community initiatives typically yield gradual returns.

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"10 million square feet of impact" represents Lowe's annual promise to continue its work to improve communities nationwide – measuring Lowe's help inch-by-inch, foot-by-foot , /PRNewswire/ -- For more than 100 years, Lowe's has been committed to strengthening communities by helping neighbors in need repair their homes, responding during the darkest hours following disasters and renovating community spaces. Today marks a new day in Lowe's history – a promise to deliver 10 million square feet of impact every year – building on Lowe's longstanding work to help make America's communities better places to live and work. Today marks a new day in Lowe’s history – a promise to deliver 10 million square feet of impact every year – building on Lowe’s longstanding work to help make America’s communities better places to live and work. For more than 100 years, Lowe’s has been committed to strengthening communities by helping neighbors in need repair their homes, responding during the darkest hours following disasters and renovating community spaces. More than 5,500 Lowe’s associates, family members and volunteers from the company’s vendor and agency partners and Charlotte area businesses came together for a 24-hour Bed Build, handcrafting 5,000 beds for children in need. "At the heart of our company are 300,000 associates who proudly wear the red vest to help our customers and communities. Our associates never shy away from rolling up their sleeves and digging in to help," said Marvin Ellison, Lowe's chairman and CEO. "When helping others is in your DNA, you just show up. That's exactly who we are and who we will always be." Lowe's 10 million square feet of impact promise will measure all the ways the company helps each year, tracking its force for good foot by foot, from building playgrounds for children, to planting community gardens and restoring community centers, to distributing supplies after a disaster, to repairing homes for neighbors in need. Lowe's recently celebrated the 10 million-square-feet promise in Charlotte, the company's hometown. On May 6–7, more than 5,500 Lowe's associates, family members and volunteers from the company's vendor and agency partners and Charlotte area businesses came together for a 24-hour Bed Build, handcrafting 5,000 beds for children in need across 49 cities in 16 states. In collaboration with Lowe's national nonprofit partner Sleep in Heavenly Peace, this effort delivered more than 100,000 square feet of impact and will make an immeasurable difference for thousands of children in need of a bed.Lowe's will continue driving measurable impact through signature efforts like Lowe's Hometowns, a five-year, $100 million initiative that powers 100 large-scale community projects annually, alongside 1,700 associate-led efforts. From neighborhood parks to food pantries, these projects are turning urgent needs into new beginnings – and each one will now be measured as part of Lowe's 10 million-square-foot goal.Across the country, Lowe's associates are the driving force behind how help shows up in communities nationwide. They are the hands that build, repair and restore, the very heart of Lowe's efforts to make 10 million square feet of impact this year."There has never been a better time to rally around such an important and measurable force for good," said Janice Dupré, Lowe's EVP of human resources. "That's Lowe's kind of help. Our associates bring people together and show up to help when our neighbors need us most. By measuring our impact, we are ensuring that our bold ambitions to improve the places where we live and work come true."To track the 10 million square feet of impact promise, Lowe's will provide updates on milestones, showcasing the square footage transformed through its work with veterans, disaster relief efforts, community space renovations and more. Lowe's How We Help Hub will share updates on its continued efforts to deliver 10 million square feet of impact. To learn more about Lowe's commitment to community improvement, visit Lowes.com/HowWeHelp.About Lowe'sLowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2024 sales of more than $83 billion, Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.Media Contact Laurel Waller [email protected]Media AssetsFor additional media assets click hereSOURCE Lowe's Companies, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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