Home Depot Won't Raise Prices Amid Tariffs
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Home Depot is eschewing price hikes related to tariffs as President Trump warns companies against raising consumer prices.
15hon MSN
Walmart opened the door for retailers to hike prices over tariffs, but Home Depot doesn't plan to. Digging into each business helps explain why.
Home Depot (HD) investors hoping for a turnaround in the housing market may have to keep on waiting. The home improvement chain posted mixed earnings on Tuesday morning as consumers reconsider home renovation projects due to the Trump administration's tariffs.
Stock futures were slightly lower in premarket trading Tuesday. Home Depot said it wouldn't raise prices due to tariffs. Mortgage rates are back above 7% after a Moody's downgrade of the U.S. credit rating.