Home Depot intends to keep its prices stable, even in light of tariffs.

by Web Administrator May 22, 2025 10:40

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.

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