Home Depot Warns Of Price Changes From Tariffs
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Home Depot’s sales improve
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Three months after stating the company had no plans to increase prices due to tariffs, Home Depot has backtracked. On Monday, the national home improvement retail chain confirmed to the Wall Street Journal that it plans some “modest price movement” as the tariffs increase.
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Home Depot said tariffs may soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.
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