Donation to support unprecedented recovery
needs; adds to $2 million already
pledged
MOORESVILLE, N.C., Oct. 11,
2024 /PRNewswire/ -- Lowe's is donating an
additional $10 million to support
hurricane relief in the wake of the devastation in Western North Carolina from Hurricane Helene
and the extensive damage from Hurricane Milton this week. The
company's $12 million donation will
continue to assist its nonprofit partners and first responders as
they address urgent needs and unprecedented relief and recovery
efforts.
"The destruction in the western part of our home state is
overwhelming, and we're seeing firsthand the total impact of
Hurricane Milton," said Marvin
Ellison, Lowe's chairman and CEO. "I'm grateful for the
ongoing response from the entire Lowe's team, from our frontline
associates to our supply chain team, as well as our vendor
partners. I also want to share my gratitude for our customers'
support of the American Red Cross at checkout in stores. The road
to rebuild is going to be long and challenging, and I want our
associates and the communities we serve to know that Lowe's will be
there for them every step of the way."
Lowe's will continue its support of Western North Carolina with hundreds of red
vest associates volunteering alongside the company's nonprofit
partners to support widespread cleanup efforts. Lowe's associates
will contribute thousands of volunteer hours and leverage Lowe's
product assortment to help communities continue to clear mud and
debris.
Lowe's stores in the areas affected by Hurricane Milton will
host disaster relief events to distribute cleaning supplies
beginning next week. Since Helene's landfall, Lowe's stores have
hosted more than 40 of these relief events, from Florida to Tennessee, handing out thousands of free
buckets of supplies. Stores across hardest-hit areas continue to
work closely with first responders to supply critically needed
products such as chainsaws, long-handled tools to clear debris,
water and generators.
Lowe's Emergency Command Center has remained in activation since
Tuesday, Sept. 24. The
cross-functional Command Center team worked nearly around the clock
in advance of Helene and Milton so that the company could rapidly
respond to community needs before and after the storms. Lowe's will
continue to route much-needed supplies to support Milton and Helene
recovery efforts.
Lowe's deployed more than 250 Emergency Response Team (ERT)
members to support areas hard-hit by Helene. ERTs continue to
support stores in Western North
Carolina, and more than 250 associates will be deployed to
Florida over the next week. These
specially trained Lowe's associates have voluntarily traveled to
the Southeast from as far as Texas, Pennsylvania and Ohio. The additional support allows impacted
associates the time to focus on their families and personal
recovery.
The Lowe's Employee Relief Fund continues to expedite financial
assistance for associates. Through the end of the year, Lowe's will
continue to double the company's match, contributing $2 for every dollar an associate donates.
Customers across the country can support hurricane relief
efforts through the American Red Cross by rounding up their
transaction to the nearest whole dollar at checkout in Lowe's
stores through Nov. 3. These
donations enable the Red Cross to prepare for, respond to and help
people recover from disasters across the U.S., including Hurricanes
Helene and Milton. Customers have contributed more than
$3 million to date.
Visit Lowe's Newsroom for updates on Lowe's relief events and
continued support. For cleanup, repair and rebuilding support,
visit Lowes.com.
About Lowe's
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home
improvement company serving approximately 16 million customer
transactions a week in the United
States. With total fiscal year 2023 sales of more than
$86 billion, Lowe's operates over
1,700 home improvement stores and employs approximately 300,000
associates. 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. For more
information, visit Lowes.com.
Digital assets are available to download here.
Media Contact
Laurel Waller
Lowe's Companies, Inc.
Laurel.Waller@lowes.com
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SOURCE Lowe's Companies, Inc.
