Home Depot won't raise prices from tariffs

Business and Finance Business and Finance

Tue, May 20, 2025

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Home Depot won't raise prices from tariffs | CNN Business

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Home Depot won't raise prices from tariffs | CNN Business

^{Published on 2025-05-20 07:00:41 - CNN}

Home Depot won't raise prices from President Donald Trump's tariffs, breaking with Walmart and other retailers that said they will pass costs related to the trade war onto consumers.

On May 20, 2025, Home Depot reported its quarterly earnings, revealing a slight increase in same-store sales and a significant boost in online sales, driven by heightened demand for home improvement products. The company's stock rose by 2% in pre-market trading following the announcement, reflecting investor confidence in Home Depot's strategic initiatives and market position. CEO Edward Decker highlighted the company's focus on enhancing digital platforms and expanding product offerings, which have been key to maintaining growth amidst competitive pressures. Additionally, Home Depot announced a new $15 billion share repurchase program, signaling strong future expectations and commitment to shareholder value.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/20/business/home-depot-stock-earnings ]

N@N

Home Depot won't raise prices from tariffs | CNN Business