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Home improvement company Lowe's will provide $55 million in bonuses to its hourly frontline workers to help with the burden of high inflation, the retailer said in an earnings call Wednesday.
Lowe’s operates over 1,700 home improvement stores and employs about 300,000 people of which the majority are hourly, Salazar said. Lowe’s has about 11,000 employees in the Charlotte region ...
Yahoo Finance anchors discuss the worker bonus Lowe's announced during its earnings call.
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Maintenance Supply Headquarters. Website. lowes .com. Footnotes / references. [3] Lowe's Companies, Inc. ( / loʊz / LOHZ) is an American retail company specializing in home improvement. [4] Headquartered in Mooresville, North Carolina, the company operates a chain of retail stores in the United States.
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During its third-quarter earnings report Wednesday, Lowe's Home Improvement announced that it will be offering its hourly employees $55 million in bonuses to help compensate for the still-excessive...