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Home Depot’s average ticket value rose by about $2 to $62.39

The number of customer transactions was up 1.6 percent in the quarter, while the average ticket value rose by about $2 to $62.39.

Sales of big-ticket items, which are priced above $900 and account for a fifth of total sales, rose 15.8 percent in the first quarter ended April 30, Home Depot said.
Inflation in commodity prices of lumber, building materials and copper also boosted average ticket prices by about 75 basis points, the company said.
By Sruthi Ramakrishnan(Reuters) – Home Depot Inc’s (HD.N) first-quarter profit and same-store sales topped estimates as customers spent more on expensive items such as appliances and flooring and roofing materials.
1 U.S. home improvement chain also said second-quarter sales were off to a good start.

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Home Depot’s profit tops on higher sales of big-ticket items

Home Depot

Sales of big-ticket items, which are priced above $900 and account for a fifth of total sales, rose 15.8 percent in the first quarter ended April 30, Home Depot said.
The number of customer transactions was up 1.6 percent in the quarter, while the average ticket value rose by about $2 to $62.39.
Inflation in commodity prices of lumber, building materials and copper also boosted average ticket prices by about 75 basis points, the company said.
Home Depot Inc’s (HD.N) first-quarter profit and same-store sales topped estimates as customers spent more on expensive items such as appliances and flooring and roofing materials.
1 U.S. home improvement chain also said second-quarter sales were off to a good start.

home depot

Sales of big-ticket items, which are priced above $900 and account for a fifth of total sales, rose 15.8 percent in the first quarter ended April 30, Home Depot said.
The number of customer transactions was up 1.6 percent in the quarter, while the average ticket value rose by about $2 to $62.39.
Inflation in commodity prices of lumber, building materials and copper also boosted average ticket prices by about 75 basis points, the company said.
Home Depot Inc’s (HD.N) first-quarter profit and same-store sales topped estimates as customers spent more on expensive items such as appliances and flooring and roofing materials.
1 U.S. home improvement chain also said second-quarter sales were off to a good start.

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