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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., May 18 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the second week of May totaled $79.6 million, a 27 percent increase over the second week of May 1991. Sales to retail customers increased 29 percent and sales to contractors increased 23 percent.
 Week Ended: May 15, 1992 May 17, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +29 $ 55.4 70 $ 43.1 69
 Contractor Sales +23 $ 24.2 30 $ 19.7 31
 Total Sales +27 $ 79.6 100 $ 62.8 100
 Total Stores 308 307
 Month-to-Date: May 15, 1992 May 17, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +23 $109.5 70 $ 88.9 69
 Contractor Sales +22 $ 47.7 30 $ 39.1 31
 Total Sales +23 $157.2 100 $128.0 100
 Rounded totals, millions of dollars
 The May, 1990 comparable week's sales were $ 38.2 million retail, $ 22.5 million contractor, and $ 60.7 million total. The two-year compound growth rates in weekly sales are: Retail, + 20 percent; Contractor, + 4 percent; and Total, + 15 percent. The May 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 308 stores in 20 states.
 -0- 5/18/92
 /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 -- CH005 -- 1290 05/18/92 11:43 EDT
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Publication:PR Newswire
Date:May 18, 1992
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