Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
strong execution around merchandise costs, tariff mitigation, freight, and operating expenses helped drive profitability.
First, we had tariff mitigation purchases at the beginning of the year.
Included in this estimate is projected pretax direct tariff expense of approximately $1.2 billion, with additional inflationary pressures also contemplated from the direct and indirect impacts of tariffs.
We are raising our expectation for comp sales and EPS for the DICK'S business. Our updated guidance reflects our strong Q3 performance and includes the expected impact from all tariffs currently in effect.
the predominance of the $0.50, if not all, is related to green coffee tariffs.
We continue to see some risk there around tariff and some of the macro environment.
Overall, like we talked about in the prepared remarks, our ASP at an enterprise level is essentially pretty flat year-over-year.
this was despite the considerable headwind that we faced from tariffs.
Operating profits declined as trade-related costs during the year took a few quarters to be absorbed.
As expected, Keysight enters FY 2026 having fully mitigated the impact of tariffs implemented in April.