Home Depot doesn’t plan to raise prices because of tariffs
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Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
Home Depot earnings are expected to show that consumers likely pushed off home renovation projects yet again this quarter.
Retailers are trying to navigate their way through economic uncertainty in 2025. Tariffs, inflation and lingering fears of a recession have left many Americans uneasy and pulling back on spending. Because consumer spending accounts for about 70% of U.S. economic activity, a retreat would heighten the odds of contraction for the U.S. economy.
Home Depot's partnerships with suppliers and a diversified supply chain strategy will help it "generally ... could soon face higher prices due to tariffs. That drew the ire of President Donald ...