Home Depot doesn’t plan to raise prices because of tariffs
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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,
RBC Capital Markets maintained its “Sector Perform” rating on The Home Depot, Inc. (NYSE:HD) and kept the price target steady at $399. This decision follows the company’s Q1 results, which met expectations.
Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
It’s a tale of two retailers . 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.
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,
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,