Trump's new tariffs hit Wayfair, Williams-Sonoma shares; La-Z-Boy gains
1. LZB shares gained as tariffs on furniture imports raise domestic manufacturing appeal. 2. Tariffs negatively impacted competitors like Williams-Sonoma and Wayfair.
1. LZB shares gained as tariffs on furniture imports raise domestic manufacturing appeal. 2. Tariffs negatively impacted competitors like Williams-Sonoma and Wayfair.
The tariff announcement strengthens LZB's domestic manufacturing advantage, similar to past tariff impacts in favor of U.S. producers.
The article highlights a direct benefit to LZB from tariff policies promoting U.S. manufacturing.
Immediate price reactions are likely, though long-term effects depend on ongoing tariff policies.