Home Depot not increasing prices
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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.
Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."
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.
Spending on home renovations has remained resilient as elevated mortgage rates and skyrocketing home prices have frozen out many would-be buyers. That’s kept U.S. home sales in a slump, limiting the market for homeowners who want to sell.
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
Live Updates Live Coverage Updates appear automatically as they are published. Tariffs and Trade Policy 8:42 am In its forward‑looking statements, Home Depot cites the impact of tariffs, trade‑policy changes or restrictions,