Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Indirect auto lending remains more of a wild card given aggressive competition and the impact of tariffs.
tariffs and other trading friction will impact global economic activity, consumer spending, and supply chains over time.
Uncertainty surrounding global trade policies and other matters led to a drop in consumer confidence and muted demand from some enterprise and SMB customers.
While we'd welcome less uncertainty around tariffs, we have pricing and supply chain programs in place designed to offset the majority of the impacts from the current tariff scheme.
Recent tariff announcements and other trade headwinds, as well as potential cuts in NIH funding and grants, are anticipated to result in reduced R&D spend across non-clinical customer base.
The tariff uncertainty has not materially impacted our sector.
The North American truck market is being affected by uncertain economic conditions and the overall impact of new tariffs.
we continue to see signs of stable consumer spending trends in Q1 were largely in line with what we saw exiting 2024 with a slight deceleration largely attributable to leap year and other seasonal factors. Since mid last year, we have seen fairly stable trends in same-store sales with some choppiness month to month within a very narrow span.
Our guidance reflects a recast of the guidance range and 2024 base. Our growth rate expectation is unchanged. Our guidance assumes limited impact on combustible and e-vapor product volumes from enforcement efforts in the illicit e-vapor market and assumes NJOY ACE does not return to the marketplace this year.
I think there is a very good probability that sometime this summer, you're going to see one big bill get done that's going to deal with a lot of the regulatory reform, energy, releasing the shackles from the energy industry, and for making permanent, you know, the 2017 tax cuts and also incrementally adding for certain folks, you know, no tax on tips, Social Security, you know, for the elderly, and a whole bunch of other things that are gonna be positive.