May 21, 2014 / 10:10 AM / in 3 years

Lowe's quarterly sales rise 2.4 pct

May 21 (Reuters) - Lowe’s Cos Inc reported a 2.4 percent rise in quarterly sales after a severe winter in the United States hit traffic to its home improvement stores.

Revenue rose to $13.40 billion in the first quarter ended May 2 from $13.09 billion, a year earlier.

Comparable sales increased 0.9 percent.

The company’s net earnings rose to $624 million, or 61 cents per share, from $540 million, or 49 cents per share. (Reporting by Maria Ajit Thomas in Bangalore; Editing by Kirti Pandey)

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