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LOWE'S ANNOUNCES WEEKLY SALES

 LOWE'S ANNOUNCES WEEKLY SALES
 NORTH WILKESBORO, N.C., Nov. 9 /PRNewswire/ -- Lowe's (NYSE: LOW)


sales for the first week of November 1992 totaled $68.2 million, a 14 percent increase over the first week of November 1991. Sales to retail customers increased 18 percent and sales to contractors increased 7 percent.
 Week Ended: Nov. 6, 1992 Nov. 8, 1991
 Pct. Change Sales Pct. Mix Sales Pct. Mix
 Retail Sales + 18 $ 47.1 69 $ 39.9 67
 Contractor Sales + 7 $ 21.1 31 $ 19.7 33
 Total Sales + 14 $ 68.2 100 $ 59.6 100
 Total Stores 305 308
 Rounded totals, millions of dollars
 The November 1990 comparable week's sales were $ 32.0 million retail, $ 17.6 million contractor, and $ 49.6 million total. The two- year compound growth rates in weekly sales are: Retail, + 21 percent; Contractor, + 9 percent; and Total, + 17 percent. The November 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 305 stores in 20 states.
 -0- 11/9/92
 /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:


MM -- CH005 -- 8683 11/09/92 11:49 EST
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Date:Nov 9, 1992
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