Third quarter

Lowe’s sales up by five per cent

Lowe’s  reported sales of USD 14.360 bn in the third quarter.
Lowe’s reported sales of USD 14.360 bn in the third quarter.
19.11.2015

Lowe's growth rate in the third quarter (ended 30 October 2015) of fiscal 2015/2016 was significant, but still below that of market leader Home Depot. The number two in the US and global home improvement market reported sales of USD 14.360 bn in the three months, a 5.0 per cent increase on the same period a year ago. Sales on a comparable store area increased overall by 4.6 per cent and in the USA by 5.0 per cent. Cumulative sales in the first three quarters came to USD 45.838 bn, 4.9 per cent up on February to October 2014, while like-for-like growth was 4.6 per cent overall and 4.9 per cent in the domestic market.
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