Reuters

IKEA profit falls 26% to $2 billion as US tariffs fuel costs

LONDON, Nov 7 (Reuters) - Sweden's Inter IKEA, which supplies furniture to IKEA stores around the world, said on Friday its annual operating profit dropped 26% as the impacts of U.S. tariffs drove up ...
The Jakarta Post

Ikea profits drop on lower prices, tariff costs

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! he world's leading ...
Wall Street Journal

IKEA Profit Plunges 32% as Tariffs Take Bite

STOCKHOLM—IKEA posted a sharp drop in full-year earnings as tariffs, rising costs of raw materials and price-cutting efforts all weighed on the company’s bottom line. The furniture company said Friday ...
Couriermail

Ikea reports sharp fall in annual profits, exacerbated by Donald Trump’s tariffs

The company said its profit after tax for the 2024-2025 fiscal year dropped 32 per cent to €1.5 billion ($2.67 billion). “We saw effects based on the big price decreases,” chief financial officer of ...
Apartment Therapy

6 Places DIY Pros Are Finding IKEA’s Best Resale Deals (It’s Not Just Facebook!)

We independently select these products—if you buy from one of our links, we may earn a commission. All prices were accurate at the time of publishing. Surprise, surprise: Tariffs are affecting just ...