Tariffs Linger Over Earnings, Even as Companies Get Used to Them
Many U.S. companies have sought to reassure investors that tariffs are "manageable," but early earnings-season comments suggest profit margins are at risk with consumers balking at higher prices.
Bellwethers including Procter & Gamble, Fastenal and 3M have flagged the challenges.
Andy Jassy, CEO of retail giant Amazon.com, told CNBC on the sidelines of the World Economic Forum in Davos, Switzerland the company was seeing prices tick up on its e-commerce platform as sellers have run down inventories they brought in to front-run tariffs.
Numerous companies with global footprints report results in the...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.