Sun, March 23, 2025
Sat, March 22, 2025
Fri, March 21, 2025
Thu, March 20, 2025
Wed, March 19, 2025
Tue, March 18, 2025
[ Tue, Mar 18th ]: Monitor
Planyourbusinessexitearly
Mon, March 17, 2025
Sun, March 16, 2025

Pottery Barnowner Williams- Sonomawarnsof 2025marginimpactfromtariffssharesfall

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. rnsof-2025marginimpactfromtariffssharesfall.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Pottery Barn parent Williams-Sonoma warned on Wednesday the Trump administration's tariffs on China, Canada and Mexico as well as on steel and aluminum would weigh on its fiscal 2025 margin, sending its shares down 5.

Williams-Sonoma, the parent company of Pottery Barn, has forecasted that new tariffs on Chinese imports could negatively impact its gross margins starting in 2025. The company, which also owns West Elm and Rejuvenation, has been dealing with increased costs due to tariffs imposed by the U.S. on Chinese goods. These tariffs, which were part of the broader trade war between the U.S. and China, have led to higher expenses for Williams-Sonoma, affecting its profitability. The company's shares experienced a decline following this announcement, reflecting investor concerns over the potential financial strain. Williams-Sonoma has been attempting to mitigate these impacts through various strategies, including sourcing from alternative countries and adjusting pricing, but the ongoing trade tensions continue to pose challenges.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/pottery-barn-owner-williams-sonoma-warns-of-2025-margin-impact-from-tariffs-shares-fall/ar-AA1Bfykp ]