Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Over 50% of our purchases are sourced in the U.S., and we've been working with our suppliers for years to diversify our global supply chain.
the direct impact on Viking’s operations should be minimal.
we had our lessons from the pandemic. We had our lessons from supply chain crisis.
Our Q2 results included approximately $7 million of new tariff expenses in cost of sales, which had a 60 basis point unfavorable impact on both gross and operating margins.
we believe we are very well positioned to manage through a wide range of tariff scenarios given our premium brands with pricing power
The immediate challenge is obviously navigating the impact of tariffs here in the U.S.
We under-performed the market in China, due to the market access restrictions imposed on U.S. companies.
We will fully offset the existing 2025 tariff impact.
We expect U.S. tariff policies to encourage more Bitcoin mining-related manufacturing in the U.S. and anticipate a continued shift towards more balanced trade measures.
A fluid tariff environment has led us to broaden our guidance range as we actively work to mitigate impacts to both our customers and Deere.