Home Depot to keep prices steady
Digest more
6hon 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.
1d
Explícame on MSNHome Depot supports Trump and is willing to absorb the tariffsWhile some anticipated price hikes, Home Depot adopted a different strategy. The company emphasized its ability to avoid widespread price increases, thanks to its proactive supplier diversification. By sourcing from multiple countries,
Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."
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
Home Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.