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Home Depot to cap foreign sourcing at 10% by 2026 - MSNHome Depot Inc (NYSE: HD) is taking a markedly different approach from many U.S. retailers as new tariff threats loom. Speaking in a CNBC exclusive interview, CFO Richard McPhail said the home ...
CFO Richard McPhail said the home improvement retailer has diversified where it sources its merchandise and doesn't plan to raise prices because of higher tariffs.
“We anticipate that 12 months from now, no single country outside the United States will represent more than 10% of our purchases,” Chief Financial Officer Richard McPhail said in an interview ...
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Home Depot CFO Richard McPhail talks domestic supply chain - MSNHome Depot CFO Richard McPhail joins 'Closing Bell Overtime' to talk domestic production, its supply chain, the labor market, and more. ‘You’re Not Entitled’: Senate Hearing Sparks Debate ...
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Home Depot doesn't plan to raise prices due to tariffsHome Depot’s pricing strategy is at odds with Walmart, which said last week that it would have to raise prices as soon as late May to cover higher costs from tariffs.. McPhail’s comments came ...
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