Home Depot doesn't plan price hikes for tariffs
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Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."
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.
Tariffs are back in the spotlight, and Home Depot is preparing for real cost pressure. Management acknowledged that goods from countries subject to 10%–30% tariffs make up a material chunk of ...