Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Despite these dynamics, we delivered a good quarter... ongoing variability in fuel prices and tariff-related uncertainty.
We expected tariffs to be less disruptive to pricing and supply this year. Well, check, that is what we are seeing.
We've seen evidence of this with our customer behavior in the past situations, most recently in response to tariffs.
We are closely monitoring the longer term inflationary impact of higher oil prices as well as the future impacts of tariffs.
the current supply chain prices created by seemingly insatiable AI demand has entirely eclipsed the tariff crisis of last year.
we expect our Q3 op margins to be near the lower end of our long term range... reflecting not just typical seasonality, but also a focus that we have on placing incremental hardware units... and we do also see some pressure from increased oil related commodities and transportation costs.
The tariff task force achieving full mitigation of the incremental tariffs that began in late spring.
the tariffs that are on steel and automotive parts have been in place for quite some time.
we used that as a source of investment funds to really bring those dollars back to our members who paid higher prices as a result of the tariffs.
we delivered this operating margin even while absorbing tariffs and higher fuel costs.