Printer Friendly

LOWE'S ANNOUNCES WEEKLY SALES

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


sales for the fourth week of July totaled $73.2 million, a 17 percent increase over the fourth week of July 1991. Sales to retail customers increased 20 percent and sales to contractors increased 12 percent.
 Week Ended: July 24, 1992 July 26, 1991
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales +20 $51.3 70 $42.8 69
 Contractor Sales +12 $21.9 30 $19.6 31
 Total Sales +17 $73.2 100 $62.4 100
 Total Stores 305 307
 Month-to-Date: July 24, 1992 July 26, 1991
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales +31 $236.6 72 $180.7 70
 Contractor Sales +21 $ 94.2 28 $ 78.1 30
 Total Sales +28 $330.8 100 $258.8 100
 Rounded totals, millions of dollars
 The July 1990 comparable week's sales were $35.1 million retail, $21.3 million contractor, and $56.4 million total. The two-year compound growth rates in weekly sales are: Retail, +21 percent; Contractor, +1 percent; and Total, +14 percent. The July 1990 comparable week's sales were from 307 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 305 stores in 20 states.
 -0- 7/27/92
 /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 -- 3636 07/27/92 16:01 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 27, 1992
Words:295
Previous Article:LYNCH, JONES & RYAN'S FORECASTS CHRISTMAS TURNAROUND FOR RETAILERS -- PREDICTS CHRISTMAS SHOPPING SEASON SALES TO RISE AT LEAST 6 PERCENT
Next Article:QUARTERDECK ANNOUNCES THIRD QUARTER RESULTS
Topics:


Related Articles
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES
LOWE'S ANNOUNCES WEEKLY SALES

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters