Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
Tariff-driven price increases had a modest impact on the quarter due to timing and was somewhat offset by deflation in our commodity categories.
In April, we noted that traded fiscal policy proposals added uncertainty to employment levels, inflation, interest rates and economic growth.
During the quarter, incremental costs related to tariffs were about $4 million, affecting EPS by $0.02.
We continue to see pressure in the discretionary categories... Should consumers face rapid broad-based price increases in the back half of the year, we could encounter short-term reactions, particularly by lower-income DIY consumers.
We noted the constantly changing tariff schedules during this period, which we believe contributed to uncertainty for customers.
we've seen noticeably lower export sales with the global trade tensions overhanging the market.
the tariff uncertainty does -- we believe, has been holding back some of the buying by many customers throughout the space.
the U.S. economy is persevere through considerable trade-related uncertainty and resulting market volatility in recent months.
Many of the industrial markets we serve continue to face challenges with uncertainty around tariffs, trade, interest rates and the overall direction of the economy.
In the second half, we do have tariffs increasing a little bit in the second half, but that's all built in the guide.