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Lowe's Strengthens Pro Segment With Artisan Design Group Acquisition
LOWLowe's(LOW) ZACKS·2025-06-03 21:20

Key Takeaways LOW acquired Artisan Design Group for 1.325billion,expandingintointeriorfinishesforProcustomers.Thedealoffersentryintoa1.325 billion, expanding into interior finishes for Pro customers. The deal offers entry into a 50 billion market and is expected to be EPS accretive starting fiscal 2026. ADG adds 1.8billioninannualrevenuesandstrengthensLOWsTotalHomestrategywithscalableservices.LowesCompanies,Inc.(LOW)hasfinalizeditsacquisitionofArtisanDesignGroup(ADG)fromTheSterlingGroupfor1.8 billion in annual revenues and strengthens LOW's Total Home strategy with scalable services.Lowe’s Companies, Inc. (LOW) has finalized its acquisition of Artisan Design Group (“ADG”) from The Sterling Group for 1.325 billion, following the announcement of the transacti ...