IKEA profit falls 26% to $2 billion as US tariffs fuel costs
By Reuters Published November 7, 2025 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 US tariffs drove up costs. Interior design items are put on display at the IKEA store in London, Britain November 28, 2023 – REUTERS/Maja…