Home Depot doesn’t plan to raise prices because of tariffs
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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,
Live Updates Live Coverage Updates appear automatically as they are published. Big-Ticket Remodeling Remains Frozen — For Now 11:36 am One of the clearest pressure points for Home Depot this quarter: big-ticket discretionary remodeling is still stalled.
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.
Note: Home Depot FY’24 concluded on February 2, 2025.
The announcement came as the home improvement retailer posted a 9.4% sales gain in Q1 and reaffirmed its full-year guidance.