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Lowe’s lower web traffic doesn’t hurt sales in Q1

First-quarter 2023 earnings results are in. The heyday of do-it-yourself home projects has subsided — for now. A closer look at desktop web traffic that resulted in conversion was also down for heavy-hitters The Home Depot Co. (down 22.8%), Lowe’s Cos. Inc. (down 17%) and Overstock.com Inc. (down 33.6%), according to estimates by Similarweb, which […]

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