Home Depot to keep prices steady
Digest more
Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."
2d
Axios on MSNHome Depot earnings: Home improvement chain doesn't expect price hikes because of tariffsHome Depot doesn't plan to increase prices because of tariffs, officials said during the company's quarterly earnings Tuesday. CEO Ted Decker said Tuesday he anticipates that 12 months from now "no single country outside of the United States will represent more than 10% of our purchases.
Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
Major chains are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.
Its forecast is based on the continuation of a U.S. agreement to temporarily lower tariffs ... the impact of depreciation from acquired intangible assets. Spring is Home Depot’s peak sales ...
Trump’s tariffs and the global trade war continue to affect markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Home improvement retailer Lowe's posted a smaller-than-expected drop in first-quarter sales on Wednesday and said it plans to keep its pricing competitive, without ruling out the possibility of price hikes on some items due to tariffs.
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.