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Jan. 2, 2020, 2:22 p.m. EST

Lowe's plans to hire more than 53,000 employees this spring, with hiring events starting next week

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By Tomi Kilgore

Lowe's Companies /zigman2/quotes/205563664/composite LOW -1.28% said Thursday that it planned to hire more than 53,000 employees this spring, which is the busiest season of the year for home improvement projects. The retailer said the hires will include full-time, part-time and seasonal positions, across its more than 1,700 stores in the U.S. Last year, the company had said it planned to hire 65,000 people in 2019, including more than 50,000 seasonal hires and nearly 10,000 permanent positions. Lowe's said it will host the first "walk-in" hiring event on Jan. 8 at stores located where spring weather typically arrives earlier, such as in Florida, Southern California and Hawaii, and parts of Arizona, Utah, Nevada, Texas, Alabama and Georgia. Stores in the remaining regions will host hiring events on Jan. 15, Feb. 5, Feb. 19 and March 4. The stock, which slipped 0.1% in afternoon trading, has rallied 30% over the past year, while the S&P 500 /zigman2/quotes/210599714/realtime SPX -3.37% has advanced 29%.

/zigman2/quotes/205563664/composite
US : U.S.: NYSE
$ 86.98
-1.13 -1.28%
Volume: 6.89M
March 27, 2020 6:30p
P/E Ratio
15.90
Dividend Yield
2.53%
Market Cap
$66.67 billion
Rev. per Employee
$230,029
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/zigman2/quotes/210599714/realtime
US : S&P US
2,541.47
-88.60 -3.37%
Volume: 3.59B
March 27, 2020 5:12p
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