Joseph Kowalsky's questions to Live Ventures Inc (LIVE) leadership • Q2 2025
Question
Joseph Kowalsky inquired about the recent $19 million reduction in the Flooring Liquidators seller note and the potential impact of tariffs on the company's businesses.
Answer
CEO Jon Isaac explained that the note modification was a new renegotiation, not part of the original agreement, calling it a 'big win' that reduced the note's value to $15 million. CFO David Verret stated that while the company is monitoring potential tariffs by diversifying its supply chain, it has experienced no negative impacts to date, partially due to a strategic inventory buildup.