Big-Ticket Comp
The comparable-sales change specifically in high-price purchases -- for a home-improvement retailer, transactions above a stated threshold (often around $1,000): appliances, riding mowers, kitchen and bath projects, flooring. Big-ticket comps are the most economically sensitive part of the business because they are discretionary and often financed, so they weaken first when housing turns down or rates rise, and they lead the recovery when confidence returns. A retailer whose overall comp is holding up on small-ticket maintenance spending but whose big-ticket comp is sharply negative is signaling that consumers are deferring major projects -- an early read on the housing-linked demand cycle.
Related terms
Accounts Payable · Adjusted EBITDA · Adjusted EBITDA Ex-SBC · ADR · ARPU · Average Length Of Stay
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