“We are expecting slight ticket growth, and that's mainly driven by the continued strength that we're expecting to see in pro. The offset is that we also expect DIY traffic pressures to persist.”

In context

“eat. Thanks, guys. Good luck. Bill Boltz: Thanks, Peter. Operator: Our next question is from the line of Kate McShane with Goldman Sachs. Please proceed with your questions. Kate McShane: Hi. Good morning. Thanks for taking our question. We wondered if you could talk to us about how you're thinking about transaction versus ticket throughout 2025. How much inflation do you think can be in the space during the year? And specific to Q1, when you're going through why the margin would be slightly below the range for the year, you mentioned category accelerators as one of the drags. Is that just something that's happening more in Q1 than the other quarters? And can you remind us what that looks like? Brandon Sink: Sure, Kate. This is Brandon. I'll hit the ticket transaction assumption for 2025. We are expecting slight ticket growth, and that's mainly driven by the continued strength that we're expecting to see in pro. The offset is that we also expect DIY traffic pressures to persist. As we look at the balance of 2025, commodity inflation is not really a part of that formula. We expect that to be muted just as we've seen for the majority of 2024. And that's as it relates to lumber and copper. As it relates to the Q1 pressure, I mentioned the main item just being the shift in sales due to the season that we're cycling last year. So you have the sales deleverage, the wage investment. And I would say from a total home strategy standpoint and the initiatives, a little bit of unique pressure in Q1 just given the timing of the rollout, in particular the category accelerators where we're going out and resetting and touching our stores. As we look at the rural initiative rollout and some of the other things that we're doing there. So I would say that's the uniqueness there as”