Sees FY25 operating margin 17.8%-18.1%. The company said, “Our updated guidance includes the new Section 232 tariffs on furniture, the revised additional tariffs on China of 20%, the tariffs on India of 50%, the tariffs on Vietnam of 20%, average tariffs on the rest of the world of 18%, the steel and aluminum tariff of 50% and the copper tariff of 50%.”
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