So the tariff cost isn’t causing the 10% increase. I wonder what is?
REL Price Increase
From REL
After holding prices steady all year and absorbing increased costs, the continued burden has made a price adjustment unavoidable. Effective September 1, 2025, MSRP in North America across our product lines will increase on average by 10 percent. This increase only covers a portion of the added costs. We will continue to absorb most tariff expenses ourselves.
We don’t take this decision lightly.
@gdaddy1 It’s pretty clear they’re saying this is tariff related. |
REL's last price increase was 2/2024. That was pre-tariff. As a manufacturer I can tell you that input costs in the US have radically increased in almost every area of manufacture. Most of the prices went hyperbolic in early 2022. Most were energy input cost and transport cost (also energy sensitive) related. In the last 17 months my material prices are up more than 10% and we are not passing much of them to our customers. Because other costs are down (fuel, petroleum derivatives) our margins are not under enough pressure to raise prices and spook our customers. I don't think their price increases were excessive, nor do I believe they are exclusively tariff related. |
@tablejockey Egg prices have come down. Gas is under $3 a gallon. $2.87 at Sams club. Restaurants are at all time highs. Rediculious really. A Whopper w/fries is $11. Take me and my 5 grandkids to Burger King will run me well over $80 if they want a cookie. How do you fight back? Don't go anymore. Prices generally will follow demand. As long as we pay the price it will continue. |
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Some of you don’t know economics or supply and demand. We were in a recession in 2022 when everything skyrocketed by double digit %, your stock portfolio was probably Dow 35-40%, but I don’t see anybody saying this was bad. Gas was over $5 a gallon in 2022, today I paid $2.71 a gallon, eggs are way down, inflation is way down, on and on. Also, I have had some of my stock purchases from the 1st week of April go up 50% and much much higher on most of the others I bought, so I will pay any small tariff charge of 10% if my stocks continue to skyrocket. I bought a new 6 digit car with my daily gains, so I will pay any small 10% surcharge on a couple thousand $$ audio product. BTW: if you think it’s bs, did you see how much the stock market went up yesterday? I can go buy another 6 digit car with my gains yesterday alone. |
@p05129 That is, unless you were holding Cracker Barrel stock. |
@gdaddy1 Once again and as with the tariffs you don’t know what you’re talking about. Since 2021 Cracker Barrel stock is down 70% while the market is up 60% — the recent sign change is the least of their problems. |
The stock market is not the economy Anyway I’ve been on a few audio web sites where they are adding the tariff to the price as a surcharge. Even those who assemble here but use imported components. If you are shopping for audio equipment now is a good time to make decision as I can see more companies no longer absorbing the tariffs. |
@soix You're right, Cracker barrel decision was a very good corporate move that pushed the stock price in the right direction. They should all get a raise for their brilliance after losing nearly $100 million in market cap. |
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