Home Depot doesn’t plan to raise prices because of tariffs
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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 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 said it plans to hold the line on prices, contrasting its position with retail rival Walmart, which last week warned that it would not be able t
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,
President Trump's quarrel with Walmart didn’t change Home Depot’s calculus around prices, said its chief financial officer, and the company will continue to focus on its strategy to diversify its supply chain.