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LOWE'S ANNOUNCES DECEMBER SALES UP 20 PERCENT

 LOWE'S ANNOUNCES DECEMBER SALES UP 20 PERCENT
 NORTH WILKESBORO, N.C., Dec. 30 /PRNewswire/ -- Lowe's Companies,


Inc. (NYSE: LOW) announced its December sales totaled $233.9 million, a 20 percent increase over December of 1990. Retail sales increased 22 percent and sales to contractors increased 16 percent.
 4 Weeks Ended: Dec. 27, 1991 Dec. 28, 1990
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales + 22 $171.6 73 $141.1 73
 Contractor Sales + 16 $ 62.3 27 $ 53.5 27
 Total Sales + 20 $233.9 100 $194.6 100
 Comparable
 Stores(A) (285) + 15 $209.0 89 $182.4 94
 New Projects(B)( 21) +151 $ 24.9 11 $ 9.9 5
 Closed Stores(C) $ 2.3 1
 Total Stores (306) + 20 $233.9 100 $194.6 100
 Week Ended: Dec. 27, 1991 Dec. 28, 1990
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales +36 $ 41.1 81 $ 30.3 79
 Contractor Sales +25 $ 9.9 19 $ 7.9 21
 Total Sales +33 $ 51.0 100 $ 38.2 100
 Rounded totals, millions of dollars.
 (A) Stores open more than one year on December 1 with comparable square footage.
 (B) Stores open less than one year and stores which have been retrofitted or relocated within the past twelve months.
 (C) 6 stores closed between December 1990 and November 1991.
 A relocated store opened in Pine Bluff, Arkansas in December.
 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 306 stores in 20 states.
 -0- 12/30/91
 /CONTACT: (Corporate contacts) W. Cliff Oxford or Clarissa S. Felts of Lowe's Companies, Inc., 919-651-4631 or 919-651-4254/
 (LOW) CO: Lowe's Companies, Inc. ST: North Carolina IN: REA SU:


1645 -- CH003 -- 5744 12/30/91 17:00 EST
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Date:Dec 30, 1991
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