Home Depot Won't Raise Prices Amid Tariffs
Digest more
3hon MSN
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.
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.
Amid tariff pressures, Home Depot is maintaining stable prices, contrasting with other retailers like Walmart that warned of potential price hikes.
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.
Investors will be watching Home Depot (HD) earnings on Tuesday for signs of consumers pushing off home renovation projects due to tariffs and challenges in the housing market. Wall Street expects the home improvement retailer's revenue grew 7.
Home Depot and Lowe’s are both about to report their financial results for the first quarter of the year. Those reports — out later this week — will give us some sense of how spendy homeowners were feeling in the first three months of the year, before much tariff-driven uncertainty had taken hold in this economy.
As Home Depot and Lowe’s get set to report earnings this week, April sales data from independent firms have investors gauging the likelihood of recession against the uncertainty of tariff whiplash. With homeowners tending to lawns,