Monday, February 25, 2008

Lowe's Fiscal Year Sales Up 3%

Sales for Lowe's Corp. during the fiscal year ended February 1 were up 2.9% over the previous fiscal year to $48.3 billion. However, sales for its fourth fiscal quarter dipped 0.3% to $10.4 billion.
The Calculated Risk blog notes that the North Carolina-based chain's same store sales dipped4% year-over-year in November, 9% in December, and 11% during January.

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