CLAIM #38308 · Lowe's Companies Inc (LOW) · 2025Q3 earnings call · Nov 19, 2025 · due Jan 31, 2026
“By the 2025, we're set to achieve our multiyear goal of reducing our in-store SKU count by 15%.”
William Boltz · EVP Merchandising
In context
“ich is all about driving incremental sales opportunities by optimizing our sales footprint. This quarter, we completed the rollout of our rural format in 150 additional stores, bringing the total to nearly 500. We're also on track to complete rollouts of workwear and pet to more than 1,000 stores giving us an opportunity to drive these assortments beyond our rural stores. In line with our Pet expansion, is focused on grab and go items like toys and treats, we're pleased to announce our new private brand Heart and Heard. It offers pet owners high quality value priced products for dogs and cats just in time for holiday gifting. And as part of our space productivity efforts, we've made significant progress on our SKU rationalization initiative. Designed to improve our inventory productivity. By the 2025, we're set to achieve our multiyear goal of reducing our in-store SKU count by 15%. As we head into the holiday season, we're delivering new exciting products both in-store and online through our Black Friday Build Up event. We're giving customers an early start on their holiday shopping with great deals, including several that are already available now. In closing, I'd like to thank our merchants, inventory and supply chain teams along with our MST associates and our supplier partners for their continued efforts to deliver results for our customers, ahead of the busy holiday season. And now, I'll turn the call over to Joe. Joe McFarland: Thank you, Bill, and good morning, everyone. Let me begin by recognizing our store and supply chain associates who show up every day energy and commitment to serve our customers. Quarter after quarter through changes and challenges, the”
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SEC filings for LOW ↗ · Claim quote is verbatim from the 2025Q3 earnings call.