Dafinchi AI

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.

Genuine Parts Company

GPC

Industrial

3w

Impact of US Tariffs and Trade Uncertainty on Business Operations

Management highlighted ongoing internal activity to manage tariffs, including a global cross-functional command center meeting multiple times a week.
A proprietary digital tariff calculator was showcased to help customers understand their exposure and solutions.
Tariffs did not significantly impact results through Q2 but are expected to influence the back half of 2025.
Management emphasized the fluidity of the tariff environment, with potential for further impacts depending on changes in scope and magnitude.
Focus on leveraging global relationships and transparency to support customers during tariff uncertainties.

Simpson Manufacturing Co., Inc.

SSD

Industrial

2w

Impact of Recent Tariffs on Pricing and Margins

Simpson implemented targeted price increases on June 2, 2025, in response to rising input costs and recent trade policy actions.
Tariffs on steel and related metals announced in early June could prompt additional pricing actions.
Tariff-related costs offset some of the price increases, resulting in a modest negative impact on gross margin.
Management is evaluating further pricing strategies to counteract potential tariff impacts, aiming to maintain margins.

The Timken Company

TKR

Industrial

2w

Impact of Trade Uncertainty on 2025 Outlook and Margin Management

Timken has reduced the high end of its 2025 earnings guidance due to cautious outlook on the second half, primarily driven by trade uncertainty.
The volatile tariff environment has led to incremental costs, but the company is actively passing these costs into the market through repricing, with some lag.
Timken estimates a full-year net negative impact from tariffs of approximately $10 million, an improvement from previous estimates of $25 million, with full mitigation expected by 2026.

W.W. Grainger, Inc.

GWW

Industrial

2w

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.

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.