<ARTICLE> 5 <CIK> 0000060667 <NAME> LOWE'S COMPANIES, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-31-1995 <PERIOD-END> JAN-31-1995 <CASH> 150,319 <SECURITIES> 118,155 <RECEIVABLES> 109,214 <ALLOWANCES> 0 <INVENTORY> 1,132,282 <CURRENT-ASSETS> 1,557,168 <PP&E> 1,397,713 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,105,992 <CURRENT-LIABILITIES> 945,892 <BONDS> 0 <COMMON> 79,794 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,340,126 <TOTAL-LIABILITY-AND-EQUITY> 3,105,992 <SALES> 6,110,521 <TOTAL-REVENUES> 6,110,521 <CGS> 4,597,977 <TOTAL-COSTS> 4,597,977 <OTHER-EXPENSES> 1,141,140 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 27,873 <INCOME-PRETAX> 343,531 <INCOME-TAX> 119,971 <INCOME-CONTINUING> 223,560 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 223,560 <EPS-PRIMARY> 1.44 <EPS-DILUTED> 1.39