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The document is Lowe's annual report for 2003. It discusses Lowe's strong financial performance in 2003, with sales increasing 18.1% to $30.8 billion and net earnings growing 27.6% compared to 2002. Lowe's served over 520 million customers in 2003 and opened 130 new stores. The report expresses confidence that demographic and housing market trends will continue to drive growth in home improvement spending.















































