Monday, May 19, 2008

Lowe's First Quarter Sales Down 1%

Sales for Lowe's dropped 1.3% in the first quarter compared to the same period last year to $12.0 billion. Same store sales dropped 8.4% in the same period.
During the quarter, Lowe's opened 20 new stores, and now has 1,554 stores in the U.S. and Canada.

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