Home Depot doesn’t plan to raise prices because of tariffs
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But Corporate America has to learn to speak a new language — one that informs shareholders and customers about the effects from tariffs while avoiding reaction from Trump on social media or a threat from him or his administration to punish or investigate a company.
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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,
Home Depot highlighted its supply chain diversification strategy during its earnings call, estimating "limited" tariff impact on the company.
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,
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.
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,