The refrigerators are exhibited in a Home Depot store in Orlando, Florida.
John Raoux / AP
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John Raoux / AP
Home Depot does not intend to increase prices as a result of new prices, managers said on Tuesday, but certain product options can disappear from store shelves if additional import costs do not worth them.
The country’s largest renovation chain weighed during an appeal with investors about its report on profits, only a few days after Walmart has attracted the anger of President Trump with a warning that his radical import taxes push the largest detailing in the world to increase its typically low prices.
“We do not see price increases for our customers in the future at all,” said Billy Bastk, head of the Home Depot merchandise, speaking during Tuesday’s call.
But certain individual prices of the house may increase, and certain choices of products may have to change: “There are items that we have that could potentially be assigned from a price which, frankly, we will not have in the future,” said Bastk. “There will be things that do not make sense that end up disappearing.”
The leaders of Home Depot have recognized their advantageous position in the world of retail: the chain is massive, with enormous power on the market. He is already obtaining more than half of his articles in the United States, unlike Walmart, he does not sell food and has a higher average receipt.
Since Trump has imposed prices on Chinese products during his first mandate, Home Depot prompted suppliers to diversify from where they get articles. In mid-2026, the company plans to buy no more than 10% of its products from one foreign country. In fact, Home Depot hopes that his regular prices in the coming months will help him fly the buyers of other retailers, managers said during the call.
Many companies have been alarmed on prices
Direct commitment not to increase prices distinguishes Home Depot many retailers – size and small – who say that they cannot afford to absorb new prices.
As part of a current temporary agreement, American prices on Chinese imports are previously 30% 145%. All global imports are faced with a new price of 10%. Trump said foreign countries should pay for these costs, but it is invoiced to American companies when they take possession of their imported goods.
Walmart last week has become the biggest company to point out that it would increase prices as a result of prices, from this month and continue in summer. Who has attracted a scathing Social media message From Trump, saying that Walmart, with China, should “eat prices” instead of transmitting the cost to customers.
The CEO of Walmart, Doug McMillon, told investors Thursday that the company already ate some of the tariff costs, as well as its suppliers. He also changed costs in other ways to avoid increasing prices on food.
“But given the extent of the prices,” said McMillon, “we cannot absorb all the pressure given the reality of narrow retail sales margins in the retail.”
The Trump administration previously accused Amazon of “hostile and political” moves after reports suggested that the retailer could display new price costs on its low -cost market called Amazon Haul. After a telephone call between Trump and the founder Jeff Bezos, Amazon said that he had never had such a plan at all.
A few days later, Trump threatened to put a price 100% specifically on Mattel products, after the Barbie manufacturer said that he may have to increase prices on certain American toys due to prices.
The resilient market for the improvement of the house
Home Depot, so far, has not faced new costs from additional wood rates, thanks to a separate agreement with Canada. And the leaders praised the resilience of their typical buyer – an owner with an average income of $ 110,000.
“We have a very different customer and a very different type of use for expenditure in the improvement of the house,” CEO Ted Decker told Investors. “Our client is in a good place right now.”
The domiciliary renovation chain said that American sales increased by 0.2% and purchase transactions by 2.1% in the last quarter, as people have undertaken more small -scale projects. The streaming of American housing and high mortgage rates still have many people to delay major renovations.
But Decker has always argued that the American economy had “well spent” the worst forecasts, including warnings from a possible recession, in part thanks to solid employment levels, more stable inflation and the drop in gas prices.
On Wednesday, Rival Lowe’s is expected to tackle the prices when he earns his income. A Target report, which is historically based, is historically based on more people buying clothes, cosmetics and other non-receptions which are often ignored when buyers tighten their budgets.
