Home Depot maintains stable pricing amid tariff pressures, beats sales estimates
From Quiver Quantitative: 2025-05-20 23:18:00
Home Depot commits to stable pricing amid tariff pressures, beating first-quarter sales estimates fueled by strong demand from contractors. CFO highlights strategic supplier diversification to limit impact of tariffs. Company plans to ensure no single foreign country exceeds 10% of purchases within a year, contrasting Walmart’s warnings of potential price hikes. Home Depot maintains annual sales growth guidance of 2.8%, with slight dip in comparable sales. Acquisition of SRS Distribution boosts professional customer sales. Despite macroeconomic uncertainty, company remains confident in supply chain resilience and pricing strategy stability.
Read more at Quiver Quantitative: Home Depot (HD) Holds Firm on Prices Despite Tariff Pressures
