Best Buy, Home Furnishing Retailers Face Most Downsize Risk From Trump Tariffs, Wedbush Says

MT Newswires Live
04-03

The upcoming reciprocal tariffs on nearly all goods imported into the US will likely add "significant pressure" to hardlines retailers, although the impact will be less on some companies, Wedbush said in a Thursday note.

The analysts said that Best Buy (BBY) and home furnishing retailers Wayfair (W), RH (RH), Williams-Sonoma (WSM), and Arhaus (ARHS) face the most downside risk due to their relatively high import exposure and big-ticket discretionary focus.

Wedbush analysts said that, although there is considerable uncertainty regarding the ultimate impact of the tariffs on hardlines retailers, they assessed the risk for companies in the industry based on pricing power combined with their estimated sourcing exposure to countries subjected to the new tariffs.

They said that the following firms are best positioned due to their low import exposure: Chewy (CHWY), Petco Health and Wellness (WOOF), CarMax (KMX), and Carvana (CVNA). The companies also have either limited discretionary exposure or beneficial trade-down dynamics, the analysts said.

Auto parts retailers Genuine Parts (GPC), AutoZone (AZO), Advance Auto Parts (AAP), and O'Reilly Automotive (ORLY) are well positioned with the strongest pricing power due to their predominantly non-discretionary sales mix, despite high exposure to imports from China and Mexico, the analysts said.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10