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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.

Impinj, Inc.

PI2025-04-23TechnologyGlobal
Neutral

We're not immune to the tariff shock waves, but I believe we are well-positioned to play offense.

Supply Chain
Partners are strategically meeting inventory geographic optionality in the face of tariffs.
Operations
The company is adjusting its business by shifting investments away from China and toward the U.S. and Europe due to tariff impacts.

Masco Corporation

MAS2025-04-23Construction/ManufacturingGlobal
Negative

The extent of the tariffs currently imposed on imports from China is substantial and will increase our overall costs considerably, particularly in our plumbing segment.

Cost Impact
Expected in-year costs of approximately $400 million prior to mitigation efforts due to tariffs.
Revenue Impact
Anticipated softening of demand trends due to price increases resulting from tariff impacts.
Supply Chain
Ongoing changes to sourcing footprint to mitigate tariff impacts.
Financial Impact
Mitigation actions expected to offset approximately $200 to $250 million of tariff costs during 2025.

NextEra Energy

NEE2025-04-23EnergyGlobal
Positive

After discussion with our suppliers, we currently estimate Energy Resources has less than $150 million in tariff exposure through 2028 on over $75 billion in expected capital spend.

Cost Impact
Tariff exposure is limited, allowing for effective cost management and minimizing financial risk.
Supply Chain
Diversification of the supply chain has mitigated risks associated with tariffs.

TE Connectivity

TEL2025-04-23IndustrialGlobal
Neutral

For those products that are impacted, we have already been working with our customers to minimize the impact.

Cost Impact
Estimated a cost impact of approximately 3% of sales due to tariffs, with mitigation strategies in place.
Revenue Impact
Expecting to recover the vast majority of the tariff impact through pricing actions, representing about two points of price related to tariff recovery in the third quarter.

Vertiv Holdings Co

VRT2025-04-23Data Center InfrastructureGlobal
Negative

The tariff situation is quite dynamic and fluid... the uncertainty that the tariffs situation creates.

Cost Impact
Tariffs are expected to increase costs significantly in Q2, impacting adjusted operating margins.
Guidance Impact
Full-year sales guidance increased but includes provision for potential negative net impact of tariffs.

Prosperity Bancshares

PB2025-04-23Financial ServicesNorth America
Negative

Despite the uncertainty with tariffs, our teams in Texas and Oklahoma are optimistic based on conversations with our customers about their outlook and plans.

Guidance Impact
The uncertainty created by tariffs is causing a slowdown in loan growth and making borrowers hesitant.

Watsco

WSO2025-04-23DistributionNorth America
Negative

We are carefully monitoring the potential impact of proposed tariffs on our business.

Cost Impact
Potential increase in costs due to proposed tariffs affecting product pricing and operational strategies.
Revenue Impact
Uncertainty regarding sales growth in Canada and Latin America due to tariffs may affect overall revenue.
Operations
Collaboration with OEM partners is necessary for adjusting pricing strategies in response to tariff pressures.

Philip Morris International

PM2025-04-23TobaccoGlobal
Neutral

we do not currently anticipate a material impact on our business from recently introduced or discussed tariffs.

Financial Impact
The company believes that potential tariffs will not have a significant effect on its financial performance.

Norfolk Southern Corporation

NSC2025-04-23TransportationNorth America
Negative

announced tariffs could be a headwind to volumes for the remainder of the year.

Revenue Impact
Potential decrease in volume due to customers facing increased costs from tariffs.
Operations
Need to stay close to customers as trade policies unfold, indicating operational adjustments may be necessary.

Packaging Corporation of America

PKG2025-04-23PackagingGlobal
Negative

we anticipate continued ambiguity relative to domestic and foreign tariff actions and their effect on global trade and our demand trends.

Guidance Impact
The company has made certain assumptions in their guidance to recognize potential negative impacts to volume and costs from the uncertainty around tariffs.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.