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Viewing post by AlphaGod

AlphaGod 9 months ago bearish

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.

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