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Tariff Impact Tracker from Earnings Calls

Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.

Best Buy

BBY2025-05-29Consumer Electronics RetailNorth America
Negative

The level of tariff currently varies across our product categories.

Cost Impact
Increased product costs due to varying tariff rates on goods sourced from different countries.
Revenue Impact
Estimated impact on revenue guidance due to tariffs affecting product sourcing and pricing strategies.
Supply Chain
Changes in sourcing strategies to mitigate tariff impacts, leading to a diversified supply chain.
Guidance Impact
Updated financial guidance reflecting the anticipated effects of current tariff levels on sales and operating income.

CIBC

CM2025-05-29BankingNorth America
Negative

we continue to monitor the developments surrounding trade policy and other macroeconomic changes while prioritizing our efforts to assist clients in navigating through the ongoing headwinds.

Financial Impact
Ongoing uncertainty related to trade policy is affecting overall economic conditions, which could lead to increased provisions for credit losses.
Guidance Impact
Trade-related uncertainties are creating challenges that may affect future financial guidance and expectations.

RBC

RY2025-05-29BankingNorth America
Negative

Changes to long-standing U.S. and international trade policies have resulted in a volatile and uncertain operating environment given the potential for structural disruptions to global supply chains and capital flows.

Cost Impact
Higher input costs and supply chain disruptions due to tariffs could impact operational costs.
Revenue Impact
Uncertainty around tariffs is dampening confidence and client activity, potentially leading to reduced revenue.
Financial Impact
Provisions on performing loans increased due to anticipated economic slowdown tied to tariff uncertainty.

Burlington Stores Inc.

BURL2025-05-29RetailNorth America
Negative

We expect this favorability to flip around in Q2...we began to aggressively go after margin and expense savings opportunities across the P&L in anticipation of the margin pressure that we are likely to feel from tariffs later in the year.

Cost Impact
Tariffs are expected to create margin pressure, prompting the company to seek savings opportunities.
Revenue Impact
Disruptions caused by tariffs may lead to shortages in some merchandise categories and potential excess supply in others, impacting sales dynamics.

Hormel Foods Corporation

HRL2025-05-29Food ProductionGlobal
Neutral

Although our business has not been materially impacted by the tariff landscape to date, based on what we know today, we have assumed a range of $0.01 to $0.02 of tariff impact in the back half of the year in our outlook.

Guidance Impact
Tariff impacts have led to a revised outlook for organic net sales growth and adjusted diluted earnings per share.

U-Haul Holding Company

UHUL2025-05-29Moving and StorageNorth America
Neutral

I saw an article this morning where Mary Barra commented positively on tariffs.

Cost Impact
Potential for increased costs associated with materials like steel and concrete due to tariffs, but currently not seeing significant increases.

Synopsys

SNPS2025-05-28TechnologyChina
Negative

we are seeing both a cumulative impact of the restrictions in China as well as the macro situation inside China

Revenue Impact
Decline in revenue anticipated from China due to export restrictions and macroeconomic factors.

Agilent Technologies Inc.

A2025-05-28Life SciencesGlobal
Negative

We absorbed some incremental tariff costs.

Cost Impact
Incremental tariff costs negatively affected gross margin and overall profitability.
Financial Impact
Estimated gross incremental tariff exposure of $50 million in the second half of fiscal year 2025.
Supply Chain
Created a tariff task force to manage exposure and mitigate impacts on supply chain dynamics.

Pure Storage

PSTG2025-05-28TechnologyGlobal
Neutral

We expect that any incremental tariff costs we incur will be absorbed in our continuously improving back end life cycle economics.

Cost Impact
The company expects to absorb any additional tariff costs without passing them onto customers, maintaining pricing stability.
Revenue Impact
Subscription rates will not be increased due to tariffs, potentially stabilizing revenue streams.

HEICO Corporation

HEI2025-05-28Aerospace & DefenseGlobal
Neutral

As a rule of thumb, we feel that the majority of tariffs will be something that our customers will accept.

Cost Impact
Tariffs may lead to slight increases in costs, but are generally manageable and accepted by customers.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.