According Thompson First Call, analysts were expectingprofit of$0.65 per share. For the fourth-quarter,Lowe's is forecast earningsper share of $0.58 to$0.60.
During the third quarter, sales increased 16.2% to$9.1 billion,up from $7.8 billion in the thirdquarter of 2003. The company saysit expects to doeven better during the fourth quarter andforecastssales to increase 16% to 17% over the same periodlastyear.
Comparable store sales for the third quarter increased5.2%. Theincrease, coupled with the 12.2% for thethird quarter last yearrepresented the best two-yearperformance for comparable store salesin nearly adecade, according to Lowe's president, RobertA.Niblock.
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