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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., April 13 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the second week of April totaled $79.8 million, a 15 percent increase over the second week of April 1991. Sales to retail customers increased 11 percent and sales to contractors increased 27 percent.
 Week Ended: April 10, 1992 April 12, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +11 $ 56.6 71 $ 50.8 74
 Contractor Sales +27 $ 23.2 29 $ 18.3 26
 Total Sales +15 $ 79.8 100 $ 69.1 100
 Total Stores 307 307
 Month-to-Date: April 10, 1992 April 12, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +14 $111.7 71 $ 97.6 73
 Contractor Sales +28 $ 46.7 29 $ 36.4 27
 Total Sales +18 $158.4 100 $134.0 100
 Rounded totals, millions of dollars
 The April, 1990 comparable week's sales were $ 48.3 million retail, $ 20.6 million contractor, and $ 68.9 million total. The two-year compound growth rates in weekly sales are: Retail, + 8 percent; Contractor, + 6 percent; and Total, + 8 percent. The April 1990 comparable week's sales were from 305 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- 4/13/92
 /CONTACT: 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:


CM -- CH008 -- 7706 04/13/92 11:33 EDT
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Publication:PR Newswire
Date:Apr 13, 1992
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