Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
we expect favorable product mix to be largely offset by investments in our global supply chain in the annualization of tariffs.
Incremental margins were within our long-term framework at about 30% despite headwinds from tariffs and growth investments in TraceGains.
We expect to deliver around $200 million of productivity savings in 2026, partially offset by approximately $80 million in tariffs.
expedite transportation costs ongoing component shortage and their volatile pricing among with tariffs and impact our short-term gross margin.
We continue to see tariff-related inflation, which caused further LIFO inventory valuation headwinds, although the magnitude of these charges came in favorable to our expectations.
we expect first quarter 2026 revenue will be down low single digits versus last year. On a positive note, harsh weather in the first quarter often leads to a strong construction season.
We remain vigilant in monitoring the evolving geopolitical landscape and tariff developments, and we are actively managing these dynamics to protect our business and support long-term growth for Ball and our customers.
We built in about $130 million of tariffs into the plan. We are seeing relief to that number, but it's early to quantify how much.
the efforts, particularly the tariffs, have really been centered around not just price, but also supply chain and making sure we do everything we can to mitigate some of these increases so we don't have to pass them on to our customers.
Tariffs impacted the quarter by about 30 basis points.