Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Tariffs will drive up material prices increasing construction costs.
I would provide the caveat that all meaningful construction scopes and bids are now qualified by not yet escalating with regard to tariffs.
We recognize we are in a period of heightened uncertainty, and there could be headwinds in the balance of the year to the extent macro risks and geo-political tensions result in lower economic growth and reduced tourism.
At this point, it is too early to quantify the potential impact of tariffs on our business.
About 15% of our cost of sales is now subject to tariffs with about one-third of that coming from China.
We are estimating incremental material costs of approximately $5 million to $6 million, or $0.32 to $0.39 per share, in our April forecast, associated with tariffs that cannot be mitigated in the short term.
the potential impact of tariffs that increased uncertainty for many of our insured across the globe and raised inflationary risks for some of our businesses.
We are not immune to lower economic demand and continue to closely monitor customer order patterns and quickly adjust as necessary.
the potential impact of tariffs that increased uncertainty for many of our insured across the globe and raised inflationary risks for some of our businesses.
We've implemented several countermeasures to help mitigate the impact of recent tariff hikes and enhance our operational flexibility.