Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Despite macro pressures, we are well-positioned, having fundamentally transformed our business and built a more agile organization over the past several years.
While we believe each of these factors played a role in our first quarter performance, we can't reliably estimate the impact of each one separately.
We've been working really hard over the last 4 years or 5 years to diversify just as everybody has and partnering closely with both private and national brand suppliers to find -- sourcing locations and working to do that.
While we're not immune to tariff pressure, we are laser focused on our initiatives to offset them by remaining flexible and executing our opportunistic buying approach.
We forecast a net tariff impact to COGS in fiscal year ’26 of approximately $200 million to $350 million.
Over 50% of our purchases are sourced in the U.S., and we've been working with our suppliers for years to diversify our global supply chain.
the direct impact on Viking’s operations should be minimal.
we had our lessons from the pandemic. We had our lessons from supply chain crisis.
Our Q2 results included approximately $7 million of new tariff expenses in cost of sales, which had a 60 basis point unfavorable impact on both gross and operating margins.
we believe we are very well positioned to manage through a wide range of tariff scenarios given our premium brands with pricing power