Third-quarter growth at Lowe’s

Lowe’s has reported sales growth of 5.6 per cent for the third quarter (ended 31 October 2014) compared with the same quarter a year ago, with a total volume of sales of USD 13.681 bn. Like-for-like sales increased by 5.1 per cent. At the end of the first nine months of its fiscal year, the number two retailer in the American market had increased its sales by 4.6 per cent to USD 43.682 bn. The increase in like-for-like sales over this period was 3.5 per cent.