Home Depot doesn't expect to raise prices because of tariffs, saying it has spent years diversifying the sources for the goods on its shelves. Billy Bastek, executive vice president of merchandising,

More than half of what the home improvement retailer sells comes from the U.S., CFO Richard McPhail told CNBC.

Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."