The CFO of Home Depot just announced they aren't going to raise prices due to tariffs.
> “Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to generally maintain our current pricing levels across our portfolio,” McPhail told CNBC in an interview.
So ... shareholders are going to pay the difference instead? That money has to come from somewhere, whether from the pockets of consumers or in the form of reduced profit margins. I guess this is one way to appease the big orange.
Home Depot
HD
trading on NYSE
since 1981
$353.00
(Δ -0.69%
)
-$2.46
since open
Home Depot is the world's largest home improvement retailer, offering a vast array of building materials, tools, appliances, garden supplies, and services primarily to both do-it-yourself (DIY) customers and professional contractors across its expansive network of physical stores and robust online platforms.
type | open | high | low |
market cap |
volume |
---|---|---|---|---|---|
stock | $355.88 | $357.11 | $351.90 | $363.35B | 3.69M |
eps | p/e | p/s |
operating margin |
profit margin |
yield |
+$3.46 | 23.00 | 8.80 | 12.88% | 8.61% | 2.61% |