Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Despite macroeconomic conditions and tariff impacts, our ability to expand market share in IT and AI remains strong.
Tariffs are also top of mind as we look ahead to the rest of 2025.
The current tariffs announced and effective as of the end of April had little impact in the first quarter and are expected to have minimal impact on our business for the balance of the year.
Right now, we're not seeing any effects. Obviously, as you know, a lot of the tariffs have been paused and we haven't seen any changes in consumer behavior even if there are changes in consumer sentiment.
Our business is not directly impacted much by U.S. tariff policy.
the main near-term risk in our estimation is reinflation, as any persistent tariffs placed on a significant share of our import economy will make things less affordable for consumers, a clear negative influence on credit.
We are a domestic manufacturer with primarily locally sourced raw materials and expect a limited direct impact from the recently announced tariffs.
We do not expect that tariffs will have a material direct impact on our operating results.
We've seen -- we haven't seen necessarily the pull forward. I don't doubt that that would happen if companies are trying to buy ahead of potential tariffs.
the implementation of significant and broad-based tariffs presenting considerable challenges for our sector.