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Tariff Impact Tracker from Earnings Calls

Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.

AutoZone, Inc.

AZO2025-12-09AutomotiveNorth America
Negative

we're continuing to experience higher costs due to tariffs, that impact our LIFO layers.

Cost Impact
Higher costs associated with tariffs are impacting the company's LIFO layers and gross margins.

Campbell's Company

CPB2025-12-09Food and BeverageGlobal
Negative

We continue to expect a significant impact from tariffs.

Cost Impact
Tariffs had a 200 basis point negative impact on the adjusted gross profit margin in the quarter.
Financial Impact
The gross impact of tariffs to Q1 adjusted EPS was $0.14.
Guidance Impact
Fiscal 2026 guidance continues to include the expected tariff impact and related mitigating actions.

Samsara

SAM2025-12-04TechnologyNorth America
Neutral

They didn't think it was going to have much of a change in how they were behaving.

Operations
Customers continue to seek ways to extend the lifespan of their assets due to rising costs, but not directly linked to recent tariffs.

CIBC

CM2025-12-04Financial ServicesNorth America
Negative

Ongoing trade negotiations present uncertainty in Canada and abroad.

Guidance Impact
Uncertainties from trade negotiations could affect future guidance and economic growth.
Cost Impact
Trade headwinds have led to higher provisions in the performing allowance.

Cooper Companies

COO2025-12-04Medical DevicesGlobal
Negative

Gross margin declined marginally as expected, to 66.2% driven by tariffs and product mix, partially offset by positive foreign exchange.

Cost Impact
Tariffs have negatively affected gross margins.
Guidance Impact
Lower gross margins due to tariffs are factored into future earnings guidance.

BMO Financial Group

BMO2025-12-04Financial ServicesNorth America
Negative

trade uncertainty persists pending the review of the USMCA agreement

Cost Impact
Increased provisions and risk management expenses due to trade uncertainties affecting economic conditions.
Guidance Impact
Expectations for a softer economic environment in Canada influenced by ongoing trade uncertainty.

Hormel Foods Corporation

HRL2025-12-04Food ProcessingGlobal
Negative

Commodity input costs and trade disruptions weighed on profits.

Financial Impact
Trade disruptions and input cost pressures negatively impacted profitability.

TD Bank Group

TD2025-12-04BankingNorth America
Neutral

There continues to be a high degree of uncertainty around tariffs and Canada-U.S. trade dynamics with important impacts, particularly to industries facing the highest tariffs such as steel and aluminum.

Financial Impact
Economic uncertainty due to tariffs is affecting business and consumer confidence but TD is positioned to manage through this period.
Guidance Impact
Potential upside to EPS and ROE targets if trade and tariff uncertainty reduces.

Ulta Beauty

ULTA2025-12-04RetailNorth America
Negative

sales declines in personal styling tools, which continues to navigate pressures from tariff-related price increases.

Cost Impact
Increased costs associated with tariffs are affecting pricing and sales performance in specific product categories.

Royal Bank of Canada

RY2025-12-03Financial ServicesNorth America
Negative

the ongoing uncertainty as we move into 2026... the impact from the higher rate environment earlier in the year.

Revenue Impact
There are sectoral impacts leading to job losses and challenges particularly in Ontario due to unresolved trade issues.
Cost Impact
Increased provisions for credit losses related to tariffs impacting economically sensitive sectors.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.