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Home Depot Accelerates Supply Chain Diversification, Shifts Sourcing Away From Single Countries: Management Sees 'Limited Impact' From Tariffs - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Home Depot (NYSE:HD)
Home Depot Inc. (NYSE:HD) highlighted its supply chain diversification strategy during its earnings call, estimating “limited” tariff impact as senior economist Mohamed El Erian hailed its “China plus many” approach. What Happened: Despite reporting a mixed quarter, the Home Depot management remained confident about its diversification strategies during its first quarter earnings call on Tuesday. The EVP of merchandising, Billy Bastek, told anal…
·New York, United States
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