Is Recovery in Big-Ticket Demand the Key to HD's Next Growth Leg?

Key Takeaways HD's Q1 big-ticket sales rose just 0.3%, dragging comps down 0.3% as large projects remain subdued. High interest rates continue to suppress demand for HD's kitchen, bath and exterior remodel categories. HD's financing tools, SRS acquisition and high in-stock rates aim to capture future big-ticket recovery.Although The Home Depot Inc. (HD) has seen continued strength in its smaller-scale DIY and maintenance projects like appliances, building materials and lumber, the missing catalyst for sus ...