Despite the increased tariffs on goods due to President Trump’s policies, Home Depot has announced that it will not raise prices. This decision contrasts with other retailers like Walmart and Amazon, who have indicated price increases due to higher costs. Home Depot's CFO believes their scale and supplier relationships allow them to absorb the costs. While some contractors appreciate Home Depot's stance, there is still concern regarding the overall impact of tariffs on the industry.
Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to generally maintain our current pricing levels across our portfolio.
Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain.
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