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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., Sept. 22 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the third week of September totaled $75.6 million, a 29 percent increase over the third week of September 1991. Sales to retail customers increased 32 percent and sales to contractors increased 25 percent.
 Week Ended: Sept. 18, 1992 Sept. 20, 1991
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales +32 $51.2 68 $38.9 67
 Contractor Sales +25 $24.4 32 $19.5 33
 Total Sales +29 $75.6 100 $58.4 100
 Total Stores 304 307
 Month-to-Date: Sept. 18, 1992 Sept. 20, 1991
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales +36 $163.4 69 $120.5 68
 Contractor Sales +27 $73.2 31 $57.5 32
 Total Sales +33 $236.6 100 $178.0 100
 Rounded Totals, millions of dollars.
 The September 1990 comparable week's sales were $34.4 million retail, $18.4 million contractor, and $52.8 million total. The two-year compound growth rates in weekly sales are: Retail +22 percent, Contractor +15 percent, and Total +20 percent. The September 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 304 stores in 20 states.
 -0- 9/22/92
 /CONTACT: 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 -- CH002 -- 2039 09/22/92 09:34 EDT
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Publication:PR Newswire
Date:Sep 22, 1992
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