Home Depot Won't Raise Prices Amid Tariffs
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If you asked most retailers whether they've found the past few years challenging, almost every single one of them would probably give you a resounding affirmative. The recent past has been almost unprecedentedly difficult for most stores across the U.
Home Depot executives said the retailer would maintain pricing levels despite the impact of tariffs, citing its scale and relationships with suppliers.
Q1 2025 Management View Ted Decker, Chair, President & CEO, highlighted that "Sales for the first quarter were $39.9 billion, up 9.4% from the same period last year. Comp sales declined 0.3% from the same period last year,
Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.
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Walmart opened the door for retailers to hike prices over tariffs, but Home Depot doesn't plan to. Digging into each business helps explain why.
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Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects. A number of U.S. companies have lowered or pulled financial guidance for investors as tariffs launched by the the Trump administration scramble world trade but on Tuesday,
Home Depot earnings are front and center for U.S. stock investors in what will be a busy week for reports including Target and Lowe’s and any tariff price impacts for consumers. FOX Business is providing real-time updates on the markets,
Moderna stock soars as the FDA plans to stick to its existing process for updating Covid-19 shots for older adults and those at a high risk of severe illness, while Home Depot says it plans to keep prices unchanged despite new tariffs.