Home Depot doesn’t plan to raise prices because of tariffs
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Many of Home Depot’s competitors and suppliers have been raising prices to mitigate cost increases from the 10% universal tariffs on every product entering the United States and higher levies on ...
One sector thrived during and after the pandemic, however: home improvement. 💰💵Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter💰💵 Lowe's (LOW) and Home Depot (HD) saw major growth surges during the pandemic,
Shares of Home Depot Inc. HD rallied 1.74% to $364.52 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.47% to 5,686.67 and the Dow Jones Industrial Average DJIA rising 1.39% to 41,317.43.
Home Depot delivered a solid comparable sales (comps) performance in the fourth quarter of fiscal 2024, with total company comps rising 0.8% and U.S. comps increasing 1.3%. Strength was seen in ...