Worried About Tariffs? Home Depot Says It Won't Raise Prices.
Will they or won't they? That's the question on investors' and shoppers' minds alike as retailers start outlining their strategies to deal with tariffs. Walmart said last week that it would need to raise some prices, but it provided a broad outline of how it would seek to minimize the price hikes through redistributing its import bases, reworking packaging, and other actions.Home Depot (NYSE: HD), on the other hand, told investors during its first-quarter earnings report that it wouldn't raise prices. That was welcome news, considering all the other problems the company is having today.Let's take a deeper look at what's going on.Continue reading
Will they or won't they? That's the question on investors' and shoppers' minds alike as retailers start outlining their strategies to deal with tariffs. Walmart said last week that it would need to raise some prices, but it provided a broad outline of how it would seek to minimize the price hikes through redistributing its import bases, reworking packaging, and other actions.
Home Depot (NYSE: HD), on the other hand, told investors during its first-quarter earnings report that it wouldn't raise prices. That was welcome news, considering all the other problems the company is having today.
Let's take a deeper look at what's going on.
