Williams-Sonoma CEO says next quarter will see a bigger tariff impact
Cătălin Roșioru
Monday - Friday, 6:00 - 7:00 PM ET Williams-Sonoma CEO Laura Alber gave CNBC's Jim Cramer an update on how tariffs are affecting business, explaining why her company's next quarter will see more of an impact. The home goods and furniture outfit beat the estimates when it reported on Wednesday. But management indicated tariffs are taking longer than anticipated to hit gross margins in part because the new duties' efficacy dates were delayed. Shares closed down 3.39%. "In terms of where the
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