The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.

But on its earnings call Tuesday morning, Home Depot told investors it doesn’t plan broad price increases. At a time when consumers are bracing for higher prices, companies can give themselves an edge by promising to buck that trend. Terry Esper, a professor of logistics at the Ohio State University, said Home Depot is in a good position.