Home Depot Q1 sales pushed higher by inflation, as transactions fall

The Home Depot Inc. reported a record $38.9 billion in sales for the first quarter of fiscal 2022. That’s an increase of $1.4 billion, or 3.8% from the first quarter of fiscal 2021, as higher prices pushed revenue higher. Customer transactions fell 8.2% in the quarter, while the average ticket value jumped 11.4% to $91.72 […] The post Home Depot Q1 sales pushed higher by inflation, as transactions fall appeared first on Digital Commerce 360.