Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
trade policy uncertainty, all these things, these have material impacts on our customers. It increases the cost of goods that they secure, the supply chains, their material costs that create uncertainty in their bidding processes.
Tariff uncertainty weighed on the Canadian housing market, and we saw slower purchase activity.
While we believe the evolving tariff situation is impacting customers' decision-making...
We are reiterating our guidance even with absorbing incremental costs from the existing tariff environment.
BJ's is less impacted by imports than many of our competitors, but tariffs aren't new to us.
Despite macro pressures, we are well-positioned, having fundamentally transformed our business and built a more agile organization over the past several years.
While we believe each of these factors played a role in our first quarter performance, we can't reliably estimate the impact of each one separately.
We've been working really hard over the last 4 years or 5 years to diversify just as everybody has and partnering closely with both private and national brand suppliers to find -- sourcing locations and working to do that.
While we're not immune to tariff pressure, we are laser focused on our initiatives to offset them by remaining flexible and executing our opportunistic buying approach.
We forecast a net tariff impact to COGS in fiscal year ’26 of approximately $200 million to $350 million.