Corey Pinkston's questions to Natuzzi SpA (NTZ) leadership • Q4 2024
Question
Corey Pinkston asked about the potential impact of tariffs on product pricing and margins, and inquired about the current consumer environment and Natuzzi's competitive positioning against peers like RH.
Answer
CEO Antonio Achille explained that Natuzzi's global manufacturing footprint provides flexibility to navigate tariff volatility. He stated the company is protecting its margins by implementing a 'duty full surcharge,' similar to past actions on freight costs. Achille noted that while industry uncertainty is a negative, competitors heavily reliant on Far East sourcing could face significant disruption, potentially creating a competitive advantage for Natuzzi.