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Retailer pushed suppliers to source outside China and keep prices low; big-ticket home projects on hold ...
The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump ...
Home Depot said it doesn’t plan to raise prices because of President Donald Trump’s tariffs, breaking with Walmart and other retailers that will pass costs related to the trade war onto consumers.
Home Depot beat Wall Street’s expectations for first-quarter revenue and domestic comparable sales and maintained its full-year guidance.
Home Depot plans to keep most of its prices stable, despite President Donald Trump’s tariffs driving costs up. But tariffs may cause Home Depot to increase prices on select items and eliminate ...
The home improvement retailer, which has experienced sluggish sales, also said the price strategy could help it compete better with rivals.
The retailer anticipates gross margin of 33.4% and operating margin of 13%. During the year, Home Depot plans to open 13 new stores.