Home Depot Warns Of Price Changes From Tariffs
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2hon MSN
Home Depot Is Raising Prices
The home improvement retailer said it would be implementing "modest" price increases for imported goods due to "higher" tariffs.
Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.
Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Street’s expectations
Home improvement retailer The Home Depot has recorded $45.3bn sales for the second quarter (Q2) of fiscal 2025 - a 4.9% rise from the previous year. The growth comes despite a minor impact from foreign exchange rates on total company comparable sales,
Home Depot's Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
Trump tariffs hit consumer goods, Home Depot price hikes Home Depot says it will be raising some prices as a result of tariffs.
The League of United Latin American Citizens (LULAC) is urging Home Depot to limit the presence of U.S. Immigration and Customs Enforcement (ICE) officers at its stores amid the Trump administration’s crackdown on illegal immigration.
The Republican Party of Florida removed deportation-themed shirts, hats and other merchandise from its website that featured a logo similar to Home Depot's after the retailer raised objections.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
The home-improvement chain is now one of the companies most caught up in Trump's immigration crackdown. The retailer's history with day laborers is long. So far, it's choosing to keep its distance.