More on Lowe's (LOW) Q1: Comparable store sales +2.6%, with U.S. comparable store sales +2.7%....

|About: Lowe's Companies, Inc. (LOW)|By:, SA News Editor

More on Lowe's (LOW) Q1: Comparable store sales +2.6%, with U.S. comparable store sales +2.7%. Gross margin slipped to 34.70%, from 35.44% a year ago. Plans to open 10 stores in FY12. Total sales expected to increase 1%-2% in FY12 and EPS forecast to fall in a range of $1.73 to $1.83. (PR)