Home Depot Maintains Prices, Accelerates Supply Chain Shift
Home Depot Maintains Prices, Accelerates Supply Chain Shift

Home Depot Maintains Prices, Accelerates Supply Chain Shift

News summary

Home Depot has stated it will not broadly raise prices for consumers in response to tariffs, differentiating itself from competitors like Walmart, which have warned of upcoming price hikes. The company expects to complete its supply chain diversification—ensuring no single country outside the U.S. accounts for over 10% of purchases—within the next year. Home Depot credits supplier negotiations and this diversification for its ability to manage costs and maintain pricing. Some specific products may become unavailable if tariffs render them unprofitable. Despite economic uncertainty leading to deferred large renovations, the company has maintained its sales growth forecast and reported revenue surpassing analyst expectations. This strategy has allowed Home Depot to gain market share and remain resilient in a volatile retail market.

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Last Updated
48 min ago
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