How Bad Are Wayfair's Trade War Woes?
For anyone wondering why online furniture retailer Wayfair (NYSE: W) slid so sharply last week, the reasons can be boiled down to two simple facts. First, its supply chain is deeply rooted in China, and the tariffs President Trump has imposed on goods imported from that country are pushing retail prices higher and costing Wayfair business. Second, it's still not profitable.
But as Motley Fool Money host Chris Hill and Motley Fool senior analyst Jason Moser discuss in this segment of the Nov. 1 podcast, there were plenty of details to applaud in the company's third-quarter report. The two consider the long-term outlook for the business, and weigh the good vs. the bad.
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Source Fool.com
