Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
the overall good performance for our industry in the second quarter that despite all those disruptions and noise and drama... the trading environment for us was actually a good trading environment.
Despite ongoing uncertainty surrounding tariffs and the global economic outlook, we have not experienced a negative impact on our business.
the tariffs sort of piece of it interest rates and what's going to happen with it, you go back and forth? Are they going to stay? Are they going to come down?
With the latest information to date, there is no change to the tariff impact on our cost of goods at approximately $10 million per quarter in the Field Systems segment.
Our Canada team drove meaningful growth despite tariff-related macroeconomic uncertainty.
The dynamic tariff environment persisted and our exposure was less than expected in the quarter.
there's been noise with tariffs, there has been noise with maybe a change of priorities, et cetera. But overall, it's just a very consistent environment.
we had factored into our guidance some potential impact from tariffs, which did not materialize.
We continue to focus on the factors within our control and as we said on the first quarter earnings call, have prepared for a more difficult second half, particularly given the strong prior year comparison in the third quarter of last year.
Importantly, as it relates to our business, we've not called out any material impacts as a result of tariffs.