May 20 (Reuters) - Home improvement retailer Lowe's Cos Inc reported an 11.2% rise in quarterly same-store sales on Wednesday, as coronavirus lockdowns led people to spend more on tools and paint for home remodelling and repairs.
The company's net earnings rose to $1.34 billion, or $1.76 per share, in the first quarter ended May 1, from $1.05 billion, or $1.31 per share, a year earlier.
Total net sales rose to $19.68 billion from $17.74 billion.
The company also scrapped its full-year outlook. (Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli)