Home Depot Exec Says Received IEEPA Tariff Refunds Reduced Cost Of Goods Sold By $685M In Q2
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Why It Matters
Home Depot got back $685 million in tariff money from the government in the second quarter, which helped lower what it costs them to buy stuff. When a company's costs go down, that's something to notice—but remember, one-time refunds don't always mean things will stay cheaper forever.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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