Tariff delay brings ‘breathing room’ for Wayfair, says Mizuho

Mizuho reiterates an Outperform rating on Wayfair (W) after the Trump administration earlier this week moved to delay increasing certain tariff rates by one full year to January 1, 2027. Tariffs of 25% will remain in place for upholstered furniture instead of going to 30%, with kitchen cabinets and vanities also holding at 25%, instead of going to 50%, the analyst tells investors in a research note. Mizuho views the news “as giving some breathing room” for the sector and for Wayfair. The firm expects “another leg higher” for Wayfair shares with lighter tariffs being seen as a positive. The stock in premarket trading is up 3% to $103.01.