Home Depot said on Tuesday it will keep prices unchanged despite U.S. tariffsthat might however make some products unavailable at the home-improvement chain, which also reported that first-quarter sales beat estimates.

Home Depot's executive vice president of merchandising told analysts that the company intends "to maintain pricing across our portfolio."

The home improvement retailer, which has experienced sluggish sales, also said the price strategy could help it compete better with rivals.