Williams-Sonoma CEO moved manufacturing to Vietnam, stock dropped 6%

Jim Cramer noted Williams-Sonoma’s CEO moved production to Vietnam, causing stock to drop 6% for the year. Despite a 2% increase on tariff news, Cramer remains intrigued.

Williams-Sonoma sells a variety of home products online and in stores, with a focus on cookware and home design. Vltava Fund sold its stock after a profitable investment, citing high quality business but overvaluation at 25 times earnings. Stick to investment philosophy for solid returns.

Read more at Yahoo Finance: Jim Cramer Says Williams-Sonoma’s CEO “Moved a Ton of Manufacturing to Vietnam”