Home Depot won't be raising prices due to tariffs, CFO says
"We feel great about our store readiness and product assortment as spring continues to break across the country," he said. Home Depot maintained its full-year guidance of a 2.8% rise in total sales and an approximately 1% increase for comparable sales. Retail analysts told Business Insider that Walmart's move gave other retailers air cover to follow suit. McPhail's comments come as Home Depot posted a 9.4% rise in first-quarter sales to $39.9 billion, although comparable sales fell by 0.6% due to the impact ...