Home Depot to keep prices steady
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Key Takeaways Morgan Stanley maintained "overweight" ratings for shares of both Lowe's Cos. and Home Depot after the companies shared results this week.Morgan Stanley's price targets suggest its analysts see a slightly greater upside in Lowe's stock,
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-improvement retailer Home Depot ( HD) reported fiscal 2025 first-quarter results before the bell Tuesday. A summary of its key numbers is below. Read the company's earnings press release here .
Home Depot executives said the retailer would maintain pricing levels despite the impact of tariffs, citing its scale and relationships with suppliers.
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Home Depot executives handed out awards to many of the employees and recognized them for getting the store ready for its opening. The visitors spent the afternoon getting a sneak preview of the store’s interior and its inventory. BJ Powers, president of Home Depot’s western division, said each new store is fully stocked when it opens.
The home improvement retailers reported customer service improvements and easier information gathering as access to the technology expanded.
In response, the company’s executives identified the reason behind the trend and the drastic action Home Depot is taking to calm a major customer concern. 💵💰Don't miss the