Home Depot to keep prices steady
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1hon MSN
America’s highest-profile retail chains are walking a difficult tightrope — trying to blunt the financial hit from tariffs by raising prices for consumers without angering them or President Donald Trump.
Even as Trump lashes out at Walmart, more than half of U.S. companies polled say they will have to raise prices to cope with tariffs.
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.
Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
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