The country’s largest home improvement chain weighed in during a call with investors about its earnings report, just days after Walmart drew President Trump’s ire with a warning that his sweeping import taxes are pushing the world’s largest retailer to increase its typically low prices.
“We don’t see broad-based price increases for our customers at all going forward,” said Billy Bastek, Home Depot’s merchandising chief, speaking on Tuesday’s call.
Read the article.