Home Depot says it won't raise prices due to tariffs. Multiple Home Depot executives said on Tuesday that the company isn't planning to raise prices due to tariffs. Related: Here's How Tariffs Will Affect Costco's Prices, According to the Company's CEOHome Depot's Chief Financial Officer Richard McPhail told CNBC that the home improvement company will be able to maintain its current price levels due to these connections. However, Walmart said last week that the company will be raising prices over the next few months to cover costs from tariffs. "Even at the reduced levels, the higher tariffs will result in higher prices," McMillon said on the call.