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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., June 15 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the second week of June totaled $76.0 million, a 15 percent increase over the second week of June 1991. Sales to retail customers increased 18 percent and sales to contractors increased 9 percent.
 Week Ended: June 12, 1992 June 14, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +18 $ 52.7 69 $ 44.5 68
 Contractor Sales + 9 $ 23.3 31 $ 21.4 32
 Total Sales +15 $ 76.0 100 $ 65.9 100
 Total Stores 307 307
 Month-to-Date: June 12, 1992 June 14, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +16 $106.3 69 $ 91.5 68
 Contractor Sales +10 $ 47.2 31 $ 42.9 32
 Total Sales +14 $153.5 100 $134.4 100
 Rounded totals, millions of dollars
 The June 1990 comparable week's sales were $ 41.7 million retail, $ 21.9 million contractor, and $ 63.6 million total. The two-year compound growth rates in weekly sales are: Retail, + 12 percent; Contractor, + 3 percent; and Total, + 9 percent. The June 1990 comparable week's sales were from 306 stores.
 Lowe's monthly sales report series will continue to summarize four- week, four-week, and five-week totals, including comparable store sales results. Lowe's quarterly news releases of sales and earnings will continue to present precise calendar totals.
 Lowe's is a specialty retailer serving the home center do-it- yourself business, the consumer durables business, and the building contractor business. Lowe's operates 307 stores in 20 states.
 -0- 6/15/92
 /CORPORATE CONTACTS: W. Cliff Oxford or Clarissa S. Felts, Lowe's Companies, Inc., 919-651-4631 or 919-651-4254/
 (LOW) CO: Lowe's Companies, Inc. ST: North Carolina IN: REA SU:


JZ -- CH009 -- 0372 06/15/92 17:30 EDT
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Publication:PR Newswire
Date:Jun 15, 1992
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