Home Depot, Trump and Walmart
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The home improvement retailer, which has experienced sluggish sales, also said the price strategy could help it compete better with rivals.
Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."
It’s a great opportunity for us to take share, and it’s a great opportunity for our suppliers to take share as well,’ executive vice president says
Home Depot thrives with U.S.-focused sourcing and diverse revenue streams. Find out why I think the HD stock is a buy amid tariff resiliency.
Home Depot executives said the retailer would maintain pricing levels despite the impact of tariffs, citing its scale and relationships with suppliers.
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Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects
"The only way out of this is going to be with honest communication," Angie Melissa Reyes, a relationship expert, told Newsweek.
Lowe’s said it faces housing-market headwinds and near-term economic uncertainty, but kept its 2025 earnings projections in place.