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 Q2 earnings fell slightly short of Wall Street's target, but the company announced some news that has potentially huge implications.
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.
The company's full-year forecast assumes no substantial change in the number of consumers revamping their homes.
In Q1, Home Depot experienced solid demand for smaller projects and seasonal activities; however, high interest rates deterred many consumers
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.
A line of merchandise sold by the Florida Republican Party with branding for the state's newest immigration deportation facility — Deportation Depot — has been removed from the party's website. Shortly after the new facility was announced,
Home Depot kept its annual forecasts intact despite posting muted quarterly results on Tuesday, but said some products may see small price hikes due to tariffs after previously suggesting they would generally not change.