Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
The tariff uncertainty has not materially impacted our sector.
The North American truck market is being affected by uncertain economic conditions and the overall impact of new tariffs.
we continue to see signs of stable consumer spending trends in Q1 were largely in line with what we saw exiting 2024 with a slight deceleration largely attributable to leap year and other seasonal factors. Since mid last year, we have seen fairly stable trends in same-store sales with some choppiness month to month within a very narrow span.
Our guidance reflects a recast of the guidance range and 2024 base. Our growth rate expectation is unchanged. Our guidance assumes limited impact on combustible and e-vapor product volumes from enforcement efforts in the illicit e-vapor market and assumes NJOY ACE does not return to the marketplace this year.
I think there is a very good probability that sometime this summer, you're going to see one big bill get done that's going to deal with a lot of the regulatory reform, energy, releasing the shackles from the energy industry, and for making permanent, you know, the 2017 tax cuts and also incrementally adding for certain folks, you know, no tax on tips, Social Security, you know, for the elderly, and a whole bunch of other things that are gonna be positive.
we are proactively trimming our full-year gross margin expectations by 150 basis points at the low end and 100 basis points at the high end of our prior range to account for these additional costs and the potential for additional market uncertainty over the coming quarters.
The instability of U.S. policy has, for the first time, raised questions about the status of the dollar as the world's reserve currency.
the potential impact of tariffs creates a wide range of possibilities, including potential slowdown in consumer industrial activities.
the tariffs that were announced were broader and deeper than they had originally contemplated
As of today, the direct impact of the current tariffs is immaterial to our financials. However, the indirect impacts of current tariffs related to future and demand and supply chain remains unknown.