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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.

Kiniksa Pharmaceuticals

KNSA2025-04-29PharmaceuticalsGlobal
Neutral

If tariffs are extended to pharmaceuticals, they would not impact ARCALYST supply received from Regeneron.

Cost Impact
Any tariff on Samsung supply is expected to have an immaterial impact on ARCALYST cost of goods sold and gross margin.

Incyte Corporation

INCY2025-04-29PharmaceuticalsGlobal
Neutral

Therefore, we expect the impact to Incyte Corporation of any potential tariffs on pharmaceuticals to be minimal.

Cost Impact
The company has established dual sourcing for key products, which mitigates the impact of tariffs.

Ares Capital Corporation

ARCC2025-04-29FinanceGlobal
Neutral

We are carefully monitoring the potential direct and indirect results of higher tariffs, and we are proactively engaging with portfolio companies to mitigate the potential impact of tariffs on our portfolio.

Supply Chain
The company is assessing exposure to tariffs among its portfolio companies and working with them to mitigate impacts.
Cost Impact
Some portfolio companies have mid-single-digit exposure to imports from high tariff countries, but have strategies to adjust pricing or transition supply chains.

Franklin Electric Co., Inc.

FELE2025-04-29Industrial EquipmentGlobal
Neutral

we feel we have an opportunity to gain share in regions with meaningful manufacturing footprints.

Cost Impact
Increased inventory levels to mitigate potential tariff impacts.
Guidance Impact
Adjusting the lower end of EPS guidance due to uncertainty surrounding tariffs.

BridgeBio

BBIO2025-04-29BiotechnologyGlobal
Negative

However, these have a close to negligible effect at less than 1% of our overall NPV.

Financial Impact
Tariffs have a minor impact on the company's overall net present value.

Visa

V2025-04-29Financial ServicesGlobal
Negative

The potential impacts from tariffs have led to higher levels of economic uncertainty.

Financial Impact
Increased economic uncertainty due to potential tariff impacts could affect consumer spending and overall revenue.

S&P Global Inc.

SPGI2025-04-29Financial ServicesGlobal
Neutral

We acknowledge the additional attention to the automotive space during these times of trade conflict and supply chain disruption, but we remain very confident in the long-term growth of the mobility business.

Supply Chain
Potential for lower actual manufacturing and reduced imports due to tariffs could pressure inventory and prices.
Cost Impact
Increased costs for manufacturers may indirectly affect pricing strategies and demand for mobility services.

Starbucks

SBUX2025-04-29Food & BeverageGlobal
Negative

Although the tariff environment continues to be dynamic, we mobilized a cross-functional team and are actively managing and mitigating risks where possible.

Cost Impact
Starbucks is experiencing increased costs due to tariffs on merchandise sourced from China and is responding by strengthening its supply chain.
Supply Chain
The company is localizing production and shifting sourcing to mitigate tariff exposure.

ArcBest

ARCB2025-04-29LogisticsNorth America
Neutral

As our customers navigate changes to US tariffs and trade policies, we're focused on helping them quickly adapt.

Revenue Impact
Customers are adjusting their operations in response to changing tariffs, which affects their shipping volume and revenue.
Supply Chain
Changing trade policies require shippers to build flexibility into their supply chains.

Logitech

LOGI2025-04-29TechnologyNorth America
Negative

The current set of tariffs and exemptions represent about a 200 basis point hit to global gross margins in the first quarter.

Cost Impact
The tariffs are expected to negatively impact gross margins by approximately 200 basis points.
Revenue Impact
Price increases have been implemented in response to tariff impacts, which may affect overall revenue dynamics.
Operations
The company is shifting production to mitigate tariff impacts, reducing dependency on China for U.S. sales.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.