Fortune 500 rank: 45 (Previous rank: 42)
2006 Revenues (millions): $46,927
Headquarters: Mooresville, NC
Get quote: LOW
The home improvement retailer had record sales last year as it successfully lured customers away from rival Home Depot, which is almost twice its size. Despite the housing downturn, sales grew by 8.5%, helping earnings grow by 12% to $3.1 billion. Lowe's opened the doors to 150 new stores, and expects to add an additional 150 locations this year.
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