Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Tariffs affected product costs by $4 million in the quarter, resulting in a 70 basis point decline in the gross margin rate.
The full impact of the Section 232 tariffs and recent trade determinations will lower levels of imported steel in 2026.
In 2024, that deficit was supplied through high-cost imports. Which are now even higher cost as the tariffs increased from 10% in '24 to the current 50% level.
the modest year-over-year decline with organic margins expected to be flat. The major components... is increased tariff costs, as you mentioned, impacting margins.
Pro forma operating margin was 37%, which included an impact of approximately 95 basis points from tariffs.
We've navigated a market that has shifted from tariff-driven uncertainty in the first half to an intense AI-driven demand environment constrained by supply in the second half.
Approximately 50% of the incremental tariffs on McCormick & Company, Incorporated items remain in place, and we continue to face related inflationary pressures.
Recent copper prices have been strong in the face of uncertainties from global trade, tariffs, and geopolitical conflicts.
the industrial chemicals market remains weak, and many of our customers are carefully controlling freight spend as they manage through inflation and tariff pressures.
Our fiscal 'twenty-six outlook continues to expect approximately $500 million before tax and higher costs from tariffs.