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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., April 27 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the fourth week of April totaled $76.4 million, a 17 percent increase over the fourth week of April 1991. Sales to retail customers increased 21 percent and sales to contractors increased 7 percent.
 Week Ended: April 24, 1992 April 26, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +21 $ 56.0 73 $ 46.3 71
 Contractor Sales + 7 $ 20.4 27 $ 19.1 29
 Total Sales +17 $ 76.4 100 $ 65.4 100
 Total Stores 307 307
 Month-to-Date: April 24, 1992 April 26, 1991
 Pct. Change Sales Mix Pct. Sales Mix Pct.
 Retail Sales +21 $231.6 72 $190.8 72
 Contractor Sales +23 $ 90.2 28 $ 73.3 28
 Total Sales +22 $321.8 100 $264.1 100
 Rounded totals, millions of dollars The April, 1990 comparable week's sales were $ 41.3 million retail, $ 22.1 million contractor, and $ 63.4 million total. The two-year compound growth rates in weekly sales are: Retail, + 16 percent; Contractor, ( 4) percent; and Total, + 10 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- 4/27/92
 /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:


CM -- CH003 -- 3101 04/27/92 11:36 EDT
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Date:Apr 27, 1992
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