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News in English (USA) / 21.05.2025 / 04:00

Home Depot Maintains Price Stability Amid Tariff Pressures

Home Depot has announced that it will not increase prices despite the pressures from Trump-era tariffs, bucking the trend seen by some competitors in the retail sector. The retailer confirmed its commitment to keeping prices steady, although it indicated that some products may become unavailable as a result of tariff impacts. Despite a modest earnings miss, Home Depot reported rising revenue in the first quarter, as more customers invested in smaller home projects. The CFO reaffirmed guidance for fiscal 2025 and expressed confidence that their strategy on pricing will resonate well during the current market conditions.
NPR, CNBC, Yahoo Finance, WSJ, "Barrons", WFMJ.com, MarketWatch, The Home Depot, New York Post, Quartz