Home Depot said it plans to hold the line on prices. The retailer has been pushing to source more of its supplies from outside of China. It is also working with suppliers to keep prices steady despite tariffs,

Home Depot stuck by its full-year guidance, even though it missed Wall Street's first-quarter earnings estimates. 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.

Walmart (WMT) warned last week that tariffs would soon force it to raise prices, but Home Depot (HD) is taking the opposite tack.