Dafinchi AI

Griffon Corporation

GFF

Industrial

1w

Impact of Tariffs and Consumer Weakness on CPP Demand

The CPP segment experienced a 16% revenue decline in Q3, primarily due to reduced consumer demand across all regions except Australia.
Tariffs disrupted historical customer ordering patterns, leading to inventory and demand challenges.
Management indicated ongoing weak consumer demand and tariff impacts are delaying a potential rebound, with no specific timeline for recovery.
Retail POS (point of sale) data showed continued reduction, especially in the Northeast, influenced by weather and economic concerns.
The company has implemented some price increases to mitigate tariff impacts but remains cautious about detailed pricing strategies.
Long-term, management expects the CPP business margins to recover to around 15%, contingent on consumer demand returning to normal levels.

Eastman Chemical Company

EMN

Industrial

2w

Impact of Trade War and Tariffs on Demand and Supply Chain Dynamics

Trade war significantly impacts demand, especially in consumer discretionary sectors, with a projected 15-40% tariff impact on markets.
Uncertainty caused by tariffs leads to chaotic supply chain movements, prebuy behaviors, and inventory adjustments.
Trade tensions cause cautious customer behavior, with a focus on cost management and inventory reduction to preserve cash.

Thermon Group Holdings, Inc.

THR

Industrial

6d

Strategic Focus on High-Margin Revenue Mix and Tariff Mitigation

Thermon's strategic shift toward higher-margin OpEx revenues across diverse end markets has contributed to a 30 basis point gross margin improvement despite volume declines.
Tariff mitigation measures, including prebuying materials, sourcing shifts, and price increases, began to take effect late in Q1, supporting margin expansion.
Management emphasized that operational discipline and proactive tariff strategies are key to maintaining profitability amid global trade uncertainties.
While revenue was impacted by delays, the company expects these to translate into future revenue recognition, indicating a focus on long-term margin stability.

GGG

Industrial

3w

Targeted Price Increases to Offset Tariff Pressures

Graco announced targeted, low single-digit price increases starting in September, focused on geographies most impacted by tariffs.
Price hikes are a response to $4 million tariff-related costs and higher input costs due to lower factory volume and unfavorable product mix.
Management emphasized that these increases are strategic and aimed at offsetting tariff impacts without causing market disruption.

Avery Dennison Corporation

AVY

Industrial

3w

Impact of Trade Policy and Tariffs on Business Operations

Trade policy changes throughout the quarter had both direct and indirect impacts, including a $0.10 per share negative effect from tariffs.
The company actively mitigated increased costs through strategic sourcing adjustments and pricing surcharges.
Tariffs affected sourcing demand, especially in apparel and retail categories, leading to network adjustments and cost efficiencies.
Trade policy uncertainty remains a key factor influencing near-term growth, particularly in apparel sourcing and intelligent label platforms linked to retail categories.

Universal Logistics Holdings, Inc.

ULH

Industrial

2w

Impact of Tariffs on Intermodal and Automotive Production in 2Q 2025

Tariffs caused a volume falloff in the Intermodal division, especially from discount retailers sourcing from China, with effects lasting through June.
Automotive production was minimally impacted, with automakers making strategic sourcing decisions.
Management expects some cyclical uplift in 3Q, with pent-up demand from retailers potentially boosting volumes.
Uncertainty remains on future tariff impacts and import trends for the rest of the year.

W.W. Grainger, Inc.

GWW

Industrial

1w

Tariff-Related Inventory Valuation Headwinds and Price/Cos Impact

The company highlighted tariff-related LIFO inventory valuation headwinds impacting gross margins, with an estimated 80 basis points of the 50 basis points gross margin decline for the year attributable to LIFO.
Management emphasized that these impacts are mostly transitory and expect gross margins to recover over time as they work back toward their price-cost neutrality target.
The September pricing cycle will include further increases on products directly imported by Grainger, expected to add 2% to 2.5% net annualized price inflation, contributing to a total of approximately 1% price increase for 2025.