Home Depot announced it will not raise prices despite ongoing tariff pressures, with executive Billy Bastek stating the company aims to maintain pricing across its portfolio. The retailer reported a 9.4% year-over-year increase in first-quarter sales to $39.9 billion, although overall comparable sales dipped 0.3%. Home Depot sources over 50% of its products domestically and expects continued diversification among suppliers. While facing challenges from a sluggish housing market, the company projects total sales growth of 2.8% and plans to open 13 new stores this year.

Source: https://www.supplychaindive.com/news/home-depot-not-raise-prices-tariffs-first-quarter/748623/