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Rather than seeing trade down, in many cases, we are seeing customers trade up, spending more to purchase the latest technology
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2022 Q2
30 Aug 22
On Lowes. com, sales grew 7% this quarter, representing a sales penetration of nearly 10%
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2022 Q2
30 Aug 22
the DIY customer remains resilient
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2022 Q2
30 Aug 22
slower sales in select discretionary categories like patios and grills
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2022 Q2
30 Aug 22
we're seeing the opposite with continued strong demand for our new and innovative products at higher price points.
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2022 Q2
30 Aug 22
some of you have asked whether we're seeing consumers trade down in their purchase activity. At this point, we are not seeing indications of material trade down.
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Transcript
2022 Q2
30 Aug 22