Home Depot's scale enables it to absorb tariff volatility and pass through input-cost pressures while expanding gross margin, demonstrating procurement leverage that smaller home-improvement retailers lack.
the thesis · admitted · the reason above is the thesis, not printed twice
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedfour sentences · whole, uncut
the claims it rests on · in our words, not the filing’s
We received approximately $730 million in IEEPA tariff refunds, representing the vast majority of our expected refunds