Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Therefore, we believe that for the time being, we are substantially insulated from the impact of tariffs.
Just like everyone in our industry, we expect to be affected by the recently announced tariffs.
we haven't seen any impact of tariffs...
The direct and indirect effects from tariffs are the primary issue impacting us, our customers and our end markets today.
The tariffs... created some volatility, which often benefits us, but it was very short-lived.
We are in communication with our franchisees and at current tariff levels do not see a material impact to our 2025 targets.
Less than 5% of our cost of sales is projected to be impacted by tariffs, with the majority of the impact related to purchases of aluminum and steel using our railing and fastening products.
We estimate the gross impact of tariffs that have been implemented by the US... will be nearly $150 million for 2025.
With the incremental 1125% Chinese tariff, and our Chinese sourced goods subject to a tariff of at least 145% in some cases, up to a 70%, we've determined there's no way or no playbook that we can use to cover these incremental costs.
As things stand the direct impact of tariffs on News Corp is expected to be immaterial.