Mar. 9 at 5:55 PM
Resilient
$HD — Big-ticket purchases up, but are housing headwinds a threat? 🏠
📈 Transactions over
$1,000 grew 1.3% YoY, with price increases and higher-value products boosting average ticket by 2.4% as Pro sales outshine DIY.
⚠️ High mortgage rates & low housing turnover weigh on major renovations, but maintenance/repair steady.
Full analysis here 👉 https://www.zacks.com/stock/news/2881124/home-depot-sees-higher-big-ticket-sales-is-pro-demand-driving-growth?cid=sm-stocktwits-2-2881124-body-36633&ADID=SYND_STOCKTWITS_TWEET_2_2881124_BODY_36633