In This Article:
President Trump's tariffs are impacting a number of industries and sectors, including retailers.
Wayfair CFO Kate Gulliver joins Market Domination to discuss how Wayfair's (W) business model provides "natural advantages" amid tariffs.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
President Trump's surprisingly steep liberation day tariffs sending shock waves through markets worldwide, including some key retailers. Wayfair, one of those getting hit today. Joining me now for an outlook on what these tariffs could do to consumers, let's welcome in now Kate Gulliver, Wayfair CFO. Kate, it is it is great to see you. So listen, retailers, uh, consumer focused names in general today, Kate, getting hit very hard. Investors trying to think through these new tariffs. I think big questions for them about what it's going to mean for for these companies' profitability, top of mind. What does it all mean for Wayfair, Kate?
Great question. And thank you for having me. Um, you know, at our core, we're a marketplace. And what that means is that we don't have products that are designed to spec for us in a specific region or commitments with certain factories and manufacturing. We source from 20,000 different suppliers across the globe, including many who are domestic, and it allows us to create competition in our marketplace, offering the best for the consumer. So we actually think this is a period where our model provides us some natural advantages during this disruption.
