Home Depot to keep prices steady
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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 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.
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
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.
Home Depot is leaning into tariffs by holding prices steady for customers. Meanwhile, Walmart said last week it will do the opposite and raise prices. That contrast tells you who’s playing offense and who’s playing defense.