Lowe's Plans New Store Openings in Two States This Year

Lowe's Companies, Inc. (NYSE:LOW) is one of the best stocks for a .
The company is planning to open between five and ten new stores in 2025, as part of a broader growth strategy that could lead to dozens of new locations in the coming years.
This updated outlook differs from the company's December 2024 announcement, when it aimed to open 10 to 15 stores annually. A spokesperson explained that the revised figure reflects the time needed to "ramp up" expansion efforts.
So far in 2025, the North Carolina-based retailer has launched two new stores in Texas and reopened one in North Carolina that had been closed due to damage from Hurricane Helene, the spokesperson told USA TODAY. Additional openings are expected later this year in Texas and Arizona.
Beginning in 2026, Lowe's Companies, Inc. (NYSE:LOW) plans to return to its original goal of opening 10 to 15 stores annually.
Lowe's Companies, Inc. (NYSE:LOW) is a home improvement retailer that serves both individual customers and professionals, offering a broad selection of products and services. Its offerings include everything from tools and building materials to appliances, furniture, and home decor. In addition, the company provides services such as key cutting, recycling, and price matching.
LOW has surged by nearly 1.5% in the past 12 months.
While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: and
Disclosure. None.

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

The Hill

20 minutes ago

• The Hill

Sunday shows preview: GOP megabill faces ‘big, beautiful' road bumps; all eyes turn to Trump on Iran

Congress remains at a standstill in regard to President Trump's 'big, beautiful' bill touted as a rite of passage for tax cuts, child credits and the country's future, and the clock is ticking on Trump's timeline for a decision on whether the U.S. will involve itself in the Iran-Israel conflict. These topics are among those likely to be a focus of this week's Sunday shows. House Republicans are tied to their legislative text, which outlines a three-year boost for child tax credit at $2,500 per child, while senators are considering a more modest approach marked at $2,200 per child. However, the GOP stands divided by standards for state and local tax deductions. The House's proposed cap at $40,000 per household with incomes of less than $500,000 is facing scrutiny from senators who are pushing for the cap to stay at $10,000. Sen. Ron Johnson (R-Wisc.), who sits on the Subcommittee on Taxation and IRS Oversight, will likely address his proposed change to the bill during an appearance on Fox News' 'Sunday Morning Futures.' Sen. Mike Lee (R-Utah) will also likely lobby for the bill's passage during an appearance on Fox News's 'Fox News Sunday.' Lee has lauded portions of the bill that would include the sale of public land as Western conservatives urge leaders to cede lands to local control. 'Washington has proven time and again it can't manage this land. This bill puts it in better hands,' Lee said last Thursday. However, his colleagues in the House have pushed back on the measure amid the Senate's proposed rollback of green energy tax credits and other environmental clauses. 'My main takeaway for you guys is this bill, as the Senate has produced it, is definitely dead if it were to come over to the House in anything resembling its current form,' Rep. Chip Roy (R-Texas), a vocal member of the conservative House Freedom Caucus, told reporters on a press call. His comments detail a shaky future for the legislation Republicans have set an objective to pass before the Fourth of July. Still, amid the clamor, the Trump administration has worked to gain traction with citizens across the country by promoting the bill's 'Trump account' caveat, which ensures an investment account funded by the Treasury Department. However, Senate Democrats are stifled by Medicaid cuts expanded in the bill's new text authored by the upper chamber. Sen. Tim Kaine (D-Va.) will likely speak to party members' concerns during show appearances on CBS' 'Face the Nation' and Fox News 'Fox News Sunday.' Kaine is also likely to draw attention to the Pentagon's decision to rename several military bases across the country, including those in his home state. Homeland Security Secretary Kristi Noem is also likely to chime in on the bill which is slated to increase manpower for immigration operations at the southern border. Noem has been at the helm of the Trump administration's crackdown on illegal immigrants, an effort which has stemmed protests and outrage in cities like Los Angeles. Trump sent thousands of National Guard soldiers and hundreds of Marines to Los Angeles against the wishes of California Gov. Gavin Newsom (D). Their long-embroiled rivalry heated up when Sen. Alex Padilla (D-Calif.) was forcibly removed from Noem's presser last week where he was handcuffed and wrestled to the ground. Padilla is one of several Democratic lawmakers to either be handcuffed, detained or arrested amid a broader push to conduct oversight on immigration policies. Noem may speak to Democrats' repeated run-ins with federal authorities during an appearance on CNN's 'State of the Union' and Fox News' 'Fox News Sunday.' The home front clashes come during Trump's potential involvement in Middle Eastern discourse between Iran and Israel. Israeli officials confirmed numerous strikes on Iran's nuclear facilities Saturday and throughout the week resulting in the deaths of top commanders and engineers furthering their effort to shut down the development of larger weapons. Iran has pledged not to back down from war with the American ally and retaliated against bombings with a series of UAV attacks on Friday night. Israel said many of their drones were intercepted and ultimately ineffective due to Iron Dome technology. Trump is considering advancing U.S. involvement in the war and has issued a two-week timeline for a decision to intervene. The Pentagon reportedly moved B-2 bombers to the island of Guam on Saturday for standby operations as the president weighs the outcome of strikes on Iran. See the full list of Sunday shows below: NewsNation 'The Hill Sunday:' Sen. Mike Rounds (R-S.D.); Rep. Sean Casten (D-Ill.) ABC's 'This Week:' Sen. Tom Cotton (R-Ark.) CNN's 'State of the Union:' Homeland Security Secretary Kristi Noem; Sen. Adam Schiff, (D-Calif.); Israeli President Isaac Herzog; former U.S. Ambassador to the United Nations John Bolton; Michigan Secretary of State Jocelyn Benson NBC's 'Meet the Press:' Sens. Lindsey Graham (R-S.C.) and Mark Kelly (D-Ariz.) CBS' 'Face the Nation:' Sen. Tim Kaine (D-Va.); Israeli Ambassador to the U.S. Yechiel Leiter; Reps. Ro Khanna (D-Calif.); Thomas Massie (R-Ky.); retired Gen. Frank McKenzie, former commander of U.S. Central Command Fox News'Fox News Sunday:' Homeland Security Secretary Kristi Noem; Sen. Tim Kaine (D-Va.); Sen. Mike Lee (R-Utah) Fox News 'Sunday Morning Futures:' Tom Homan, Border Czar; Matthew Whitaker, U.S. Ambassador To NATO; Gov. Ron Desantis (R-Fla.), Sen. Ron Johnson (R-Wisc.)

Boston Globe

28 minutes ago

• Boston Globe

GOP's food stamp plan is found to violate Senate rules. It's the latest setback for Trump's big bill.

Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up 'We will keep fighting to protect families in need,' said Sen. Amy Klobuchar of Minnesota, the top Democrat on the Senate Agriculture, Nutrition and Forestry Committee, which handles the SNAP program. Advertisement 'The Parliamentarian has made clear that Senate Republicans cannot use their partisan budget to shift major nutrition assistance costs to the states that would have inevitably led to major cuts,' she said. The committee chairman, Sen. John Boozman, R-Ark., said in a statement that his team is examining options that would comply with Senate rules to achieve savings and 'to ensure SNAP serves those who truly need it while being responsible stewards of taxpayer dollars.' Advertisement What's at stake in the big bill The parliamentarian's ruling is the latest in a series of setbacks as staff works through the weekend, often toward midnight, to assess the 1,000-page proposal. It all points to serious trouble ahead for the bill, which was approved by the House on a party-line vote last month over unified opposition from Democrats and is now undergoing revisions in the Senate. At its core, the goal of the multitrillion-dollar package is to extend tax cuts from Trump's first term that would otherwise expire if Congress fails to act. It also adds new ones, including no taxes on tips or overtime pay. To help offset the costs of lost tax revenue, the Republicans are proposing cutbacks to federal Medicaid, health care and food programs — some $1 trillion. Additionally, the package boosts national security spending by about $350 billion, including to pay for Trump's mass deportations, which are running into protests nationwide. Trump has implored Republicans, who have the majority in Congress, to deliver on his top domestic priority, but the details of the package, with its hodgepodge of priorities, is drawing deeper scrutiny. All told, the nonpartisan Congressional Budget Office estimates the package, as approved by the House, would The Senate's strict 'Byrd Rule' The parliamentarian's office is tasked with scrutinizing the bill to ensure it complies with the so-called Byrd Rule, which is named after the late Sen. Robert C. Byrd, and bars many policy matters in the budget reconciliation process now being used. Advertisement Late Friday, the parliamentarian issued its latest findings. It determined that Senate Agriculture, Nutrition and Forestry Committee's proposal to have the states pick up more of the tab for covering food stamps — what Republicans call a new cost-sharing arrangement — would be in violation of the Byrd Rule. Many lawmakers said the states would not be able to absorb the new requirement on food aid, which has long been provided by the federal government. They warned many would lose access to SNAP benefits used by more than 40 million people. Initially, the CBO had estimated about $128 billion in savings under the House's proposal to shift SNAP food aid costs to the states. Cost estimates for the Senate's version, which made changes to the House approach, have not yet been made publicly available. More questions and decisions ahead The parliamentarian's office rulings leave GOP leaders with several options. They can revise the proposals to try to comply with Senate rules or strip them from the package altogether. They can also risk a challenge during floor voting, which would require the 60-vote threshold to overcome. That would be unlikely in the split chamber with Democrats opposing the overall package. The parliamentarian's latest advice also said the committee's provision to make certain immigrants ineligible for food stamps would violate the rule. It found several provisions from the Senate Commerce, Science and Transportation Committee, which is led by Sen. Ted Cruz, R-Texas, to be in violation. They include one to provide $250 million to Coast Guard stations damaged by fire in 2025, namely one on South Padre Island in Texas. Still to come are some of the most important rulings from the parliamentarian. One will assess the GOP's approach that relies on 'current policy' rather than 'current law' as the baseline for determining whether the bill will add to the nation's deficits. Advertisement Already, the parliamentarian delivered a serious setback Thursday, finding that the GOP plan to gut the Consumer Financial Protection Bureau, which was a core proposal coming from the Senate Banking, Housing and Urban Affairs Committee, would be in violation of the Byrd Rule. The parliamentarian has also advised of violations over provisions from the Senate Environment and Public Works Committee that would rollback Environmental Protection Agency emissions standards on certain vehicles and from the Senate Armed Services Committee to require the defense secretary to provide a plan on how the Pentagon intends to spend the tens of billions of new funds. The new work requirements in the package would require many of those receiving SNAP or Medicaid benefits to work 80 hours a month or engage in other community or educational services. Associated Press writer Mary Clare Jalonick contributed to this report.

Miami Herald

an hour ago

• Miami Herald

Will skipping ‘Made in China' beat tariff price hikes?

For most shoppers, "Made in China" has been a way of life for consumers. The mark is on seemingly everything. That has consumers concerned about how tariffs and trade battles between the United States and China might hit home, literally. If tariffs ultimately act as a tax on consumers – most economists say they do – how can Americans avoid paying higher prices? Stop buying things that were made in China. That's easier said than Trump recently took to Truth Social to say that the United States and China have a deal that's done, pending final approval of leaders from both countries. He said that U.S. tariffs would be set at 55% on Chinese goods, while China's tariffs remain at 10%. Officially, tariff plans with China and other countries are on hold until July 9, but U.S. Commerce Secretary Howard Lutnick has said several times that the 55% tariff "definitely" will not change. Related: Major housing expert predicts huge change to mortgage rates in 2026 While many of the harshest tariff hikes face legal challenges, current U.S. tariff rates are at their highest levels in nearly a century; estimates from the Yale Budget Lab say that's costing the average U.S. consumer an extra $2,500 a year. A recent study by covering consumer sentiment about tariffs shows that nearly two-thirds of Americans believe tariffs will have a negative impact on their personal finances. Just over 40% of respondents said tariffs would "greatly worsen" their personal finances. But even if consumers decide to tackle the China tariff problem by eliminating spending on goods from the country, it doesn't mean they will save money. They also will find the task daunting, if not impossible. That's according to journalist Sara Bongiorni, who tried to live without goods from China for a year back in the early 2000s; the trials and tribulations of her effort became the basis for her book, "A Year Without Made in China." Bongiorni, now an adjunct professor at Louisiana State University, woke up on Christmas morning in 2005 to a house full of stuff, and as she rummaged through it, she realized almost everything was made in China. "I said to my husband, 'Do you think it would be possible to live for a while without things made in China? You want to try that?' He was not very enthusiastic about that idea, but we gave it a whirl." Related: Forget tariffs, Fed interest rate cuts may hinge on another problem Bongiorni didn't set out to make a political statement or to write a book. She was simply hoping "to understand at a personal level, as best we could, how much we relied on things from China in our everyday, ordinary consumer life." In a recent interview on "Money Life with Chuck Jaffe," Bongiorni recounted how her rule was to avoid the words "Made in China," which are only seen on the end consumer product sold to shoppers. That's a low bar, given that countless products are assembled in the United States or in other countries using parts from China. Those goods-like the ones with the Made in China label-will incur increased costs due to tariffs. Bongiorni noted that in certain product categories – notably toys, household gadgets, many types of electronics, coffeemakers, sneakers and footwear, and children's clothing – it was nearly impossible to find items that weren't made in China. Even when she did find rare exceptions, Bongiorni noted that the options often pushed her to higher-end goods, which meant paying more for the purchase, in some cases, more than she would expect to pay now on goods from China with tariffs attached. "I think there were so many things we didn't buy that year because you couldn't find a viable option that wasn't made in China," Bongiorni said. She also noted that, ironically, it's nearly impossible to celebrate a wholly American holiday like July 4th without goods from China, as the small flags, fireworks, parade toys, festive paper goods, and more were made there. Truly trying to avoid all goods from China – including component parts – would be nearly impossible, Bongiorni said, noting that consumers would find themselves with no easy alternatives. "The share of things, ordinary consumer items from China, account for at least 65% of things you find in a typical household," Bongiorni said. "If you push up [prices with tariffs up to 55%], that is a huge impact, especially when we've got inflation and other things going on in the economy. It's a huge thing for most families to have to shoulder that burden." More Tariffs: Aldi plans huge price cut despite tariffs driving costs higherCar buyers should shop these brands for the best tariff dealGeneral Motors makes $4 billion tariff move Bongiorni does think the United States can bring some manufacturing back onshore, but that will have a limited impact because of the breadth and volume of goods coming from China, and the convenience of having those items and getting them cheaply. "I have a hard time thinking that we can lure ourselves off of our connection to China as consumers as a long-term affair," she said, "but also I can see a huge public outcry because this is going to affect people's bottom line every month." While Bongiorni recalls her efforts fondly nearly two decades later, she says she would not want to permanently do without Made in China, even if tariffs raise costs. Avoiding goods from China and finding alternatives was "incredibly time-consuming." And when there were no viable product options, she was willing to go without certain items for a year, but would not want to sacrifice them for a lifetime. "I do think it's interesting to have an awareness of where things come from, and to get a sense to the extent you can to which you are connected to the international economy on that consumer level," said Bongiorni. "I found that enjoyable and interesting, but the idea of weaning ourselves from Chinese goods, after doing this, just seems very unrealistic.…I can't imagine living like that long-term." Related: Fed official sends shocking message on interest rate cuts The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.