Lowe's 2001 Annual Report Download - page 18

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16
I MPROVI NG HOME I MPROVEMENT
Lo we’s understands what ho me means to o ur custo mers —as an investment as well as a co mfo rtable
haven fo r family and friends. Lo we’s kno ws the difference between a pro duct and the way peo ple use it
to impro ve their lives. We offer the right mix of pro ducts fo r any price range, and are expanding into
mo re premium brands and exclusive items that o ur custo mers increasingly tell us they want. Our tech-
no lo gy and infrastructure helps get these pro ducts into custo mers’ hands and ho mes quickly.
Lo we’s is building a presence in America’s largest c ities and co ntinuing to serve custo mers fro m co ast to
co ast with bright, well-o rganized sto res to pro vide a mo re rewarding sho pping experience. An emphasis
o n metro po litan area expansio n will co ntinue to drive o ur gro wth into the fo reseeable future.
Lo we’s strategy is wo rking. Milesto nes we reached in 2001—achieving sales in excess o f $22 billio n,
earnings o ver $1 billio n and celebratio n o f o ur 40
th
year as a public co mpany —are stepping sto nes o n
o ur path to a bright and pro spero us future.
Fo r o ur emplo yees, o ur custo mers, co mmunities, suppliers and shareho lders, Lo we’s is do ing what it
takes every day to beco me the best retailer in the 21
st
Century —Impro ving Ho me Impro veme nt.
I ndoors and out — investments you can
appreciate while they appreciate.