In response, the company’s executives identified the reason behind the trend and the drastic action Home Depot is taking to calm a major customer concern. 💵💰Don't miss the

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

Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects. A number of U.S. companies have lowered or pulled financial guidance for investors as tariffs launched by the the Trump administration scramble world trade but on Tuesday,

Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.

Home Depot’s revenue climbed in the first quarter as customers spent slightly more as they tackled smaller projects

Mecklai joined Impinj in 2018, taking the title of COO in 2022. He was previously at Intel in the Portland, Ore., area for nearly six years. Impinj launched in 2000 and manufacturers radio-frequency identification devices that are used by companies in various industries to track everything from apparel to medical supplies to food.

Consumer companies fell amid fears that retailers would take a hit to earnings because of border duties. Home Depot ticked down after it said it plans to hold prices steady and despite cost pressures from tariffs,