Home Depot to keep prices steady
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Home Depot executives said the retailer would maintain pricing levels despite the impact of tariffs, citing its scale and relationships with suppliers.
2hon 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.
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.
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 Depot's first-quarter financial results could show the impact of tariffs, mortgage rates and consumer spending habits.