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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.

Core Natural Resources

CNR2025-05-08Natural ResourcesGlobal
Negative

While we hope the current tariff situation proves to be transitory, we have pivoted quickly to redirect our products away from countries that have established retaliatory tariffs.

Revenue Impact
The company is experiencing lower revenue due to the need to redirect products away from markets affected by retaliatory tariffs.
Strategy
The company has adjusted its strategy to mitigate the impact of tariffs by changing product destination.

Tecnoglass Inc.

TGLS2025-05-08ConstructionNorth America
Neutral

we have also adjusted certain supply chain channels in order to substantially minimize our exposure to tariffs.

Cost Impact
Tariff expenses are projected to be approximately $25 million for the year, but strategic actions are expected to offset this impact.
Supply Chain
Changes in supply chain processes aimed at mitigating tariff impacts.
Strategy
Plans to diversify manufacturing into the U.S. to reduce reliance on imported materials affected by tariffs.

Texas Roadhouse

TXRH2025-05-08RestaurantNorth America
Negative

the most likely areas of our business impacted by tariffs are commodities, supplies and equipment.

Cost Impact
Tariffs will increase costs for commodities such as seafood, disposables, and plateware.
Guidance Impact
Tariffs are estimated to drive approximately 30 basis points of the full year commodity inflation.

McKesson

MCK2025-05-08HealthcareGlobal
Neutral

We are closely monitoring the tariff landscape... we do not anticipate this is going to have a material impact on our fiscal ‘26 guidance.

Cost Impact
Monitoring tariffs but expecting minimal material impact on financial guidance.

Nova Limited

NVMI2025-05-08Semiconductor EquipmentGlobal
Negative

Despite a more complex global trade environment, our second quarter outlook indicates that business conditions are maintaining positive momentum.

Cost Impact
The new tariffs could reduce gross margins by approximately 30 to 50 basis points.

AvePoint, Inc.

AVPT2025-05-08SoftwareGlobal
Neutral

companies around the world grapple with tariff uncertainty and the impact on their business as well as on the global economy.

Strategy
The company is positioning itself to navigate the uncertainties caused by tariffs that may affect its customers and the overall economic landscape.

MDU Resources Group

MDU2025-05-08EnergyNorth America
Neutral

I don't see that as something that would derail the projects as we look at it today.

Cost Impact
Current tariffs on materials may slightly affect project costs, but can be planned for.

Ligand Pharmaceuticals

LGND2025-05-08BiopharmaceuticalGlobal
Neutral

if tariffs were to be expanded more broadly into pharmaceutical products, we do not expect a material impact to our Captisol business or to Ligand more broadly.

Cost Impact
Potential for increased costs if tariffs on pharmaceutical products were enacted.
Revenue Impact
No significant expected impact on revenue from the Captisol business due to potential tariffs.

CleanSpark

CLSK2025-05-08Cryptocurrency MiningGlobal
Positive

Thanks to proactive procurement, CleanSpark is well-insulated from near-term tariff risks.

Cost Impact
The company has positioned itself to mitigate potential cost increases from tariffs through proactive procurement of necessary equipment.
Strategy
The company sees opportunities to acquire smaller miners at attractive valuations due to tariff pressures impacting their ability to afford next-generation hardware.

NCR Voyix

NCR2025-05-08TechnologyNorth America
Negative

The current run rate of tariff-related cost is between $8 million and $12 million for the balance of year or up to $20 million if all suppliers implemented surcharges.

Cost Impact
Tariff-related costs are expected to significantly impact overall expenses this year.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.