In its Q1 2025 earnings call on May 20, 2025, how did Home Depot say it would respond to the Trump administration’s tariffs?
Explanation
Home Depot absorbed tariff costs by compressing profit margins roughly 100 basis points rather than pass them to customers. The company sourced domestically and diversified supply chains to shield con...
Sources
- Home Depot to keep prices steady but says tariffs may make some items unavailable - Reuters
- Home Depot says it doesn't expect to boost prices because of tariffs
- You won't feel tariffs at our checkouts, Home Depot says
- Higher tariffs are kicking in. Here's what Walmart and other retailers said about their impact
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