WASHINGTON — Home Depot may raise prices on some products because of the Trump administration's tariffs, the company's CFO said.

Chief Financial Officer Richard McPhail told the Wall Street Journal in an interview that the company was reacting to the increases in costs associated with importing goods from overseas.

"So as you would expect, there will be modest price movement in some categories, but it won’t be broad based," he told the financial news outlet.

CNN later confirmed price increases are coming to Home Depot.

The news comes even as Home Depot sales have increased. In the second financial quarter of 2025, the company saw revenue climb from $43.18 billion to $45.28 billion.

However, the company's financial statements failed to meet Wall Street's expectations, as consumers r

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