Furniture tariffs split industry between heavy importers, domestic brands
Comments
President Trump’s announcement to hit all imported finished furniture with tariffs is just the latest blow to the industry’s struggles to remain profitable in an environment of high inflation, cautious consumers, and supply chain inefficiencies.
On Thursday, Trump sent reverberations through
Quick Insights
The tariffs are expected to erode profitability and margins for retailers heavily dependent on imported furniture due to increased costs.
Companies like RH, Lovesac, and Natuzzi are most exposed due to high overseas imports, while La-Z-Boy, Bassett Furniture, Ethan Allen, and Hooker Furniture are least exposed as most of their production is U.S.-based.
U.S.-based producers could gain market share as their cost advantages rise and import-reliant peers face profit pressure, redrawing industry winners and losers.
Recommended For You
More Trending News
Related Stocks
SymbolLast Price% ChgRH–RHW–Wayfair Inc.WSM–Williams-Sonoma, Inc.ETD–Ethan Allen Interiors Inc.LZB–La-Z-Boy Incorporated
Trending Analysis
Trending News