MOORESVILLE, N.C.,– Lowe’s Companies, Inc. (NYSE: LOW) today announces additional actions being made across all U.S. stores to further protect and provide for both our associates and customers during this unprecedented time. Our announcement includes a temporary $2 an hour wage increase for all full-time, part-time and seasonal hourly associates for the hours they work at Lowe’s stores, contact centers and supply chain facilities in the U.S. and Canada for the month of April.
“We are continually working on ways to protect and support our associates and our customers during this time when we are all adjusting how we work and live,” said Marvin Ellison, Lowe’s president and CEO. “I’m announcing these new operational changes as we continue to keep the health and well-being of our associates and customers top of mind, especially as they look to us now more than ever for essential products, services and support. Today’s wage increase for our hourly associates is just another way I want to thank our 300,000 associates for their heroic actions in serving the needs of our communities. I’ve never been prouder of our team, and they have my commitment that we will continue to adjust as the situation evolves.”
We announce today these new operational efforts:
These new actions follow our previously announced commitment of more than $100 million in response to the coronavirus pandemic, including the following actions to support the health and well-being of associates and customers:
About Lowe’s
Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 18 million customers a week in the United States and Canada. With fiscal year 2019 sales of $72.1 billion, Lowe’s and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Founded in 1946 and based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.