Lowe’s sees pro momentum

Lowe’s says its pro business generates about 30% of its business, that’s up from previous estimates of about 25%. 

Rick Damron, chief operating officer of Lowe’s, said the first quarter comp-store sales for the pro was about three times the comp number for the company.

The company’s first quarter comps were up 0.9%.

“I think we're getting some credit for the continued progress of the initiative when you look at the pros,” Damron said. “They're reacting very strongly to our structure that we implemented last year of in-store specialists to really manage and handle the customers when they come inside the stores.”