'We haven't seen the worst of it': Retailers warn tariff impacts are far from over

Guno צְבִי

Guno צְבִי

We fight, We win, Am Yisrael Chai
American consumers are facing a new wave of pricing pressure as companies from food giants to hardware chains warn that tariffs are already making their way onto store shelves.

Retailers like Walmart (WMT), Target (TGT), and Best Buy (BBY) have all said in recent weeks that some tariff-related increases are starting to creep into the cost of groceries, home goods, and electronics.

Just this week, packaged food giant J.M. Smucker (SJM), home to such brands as Folgers, Dunkin', and Café Bustelo, warned of more price hikes after US coffee profits plunged 22% under tariffs.

Hormel Foods (HRL), the company behind Spam and Skippy, also flagged "the steep rise in commodity input costs" after missing earnings expectations in the quarter. Its stock fell 12% after the warning.

"You can't control the controllables right now," Mickey Drexler, former Gap (GAP) CEO and current chair of fashion brand Alex Mill, told Yahoo Finance prior to the latest tariff development. "You don't know what the cost of your goods are relative to retailing and margin. ... I think we haven't seen the worst of it at all."

Executives cautioned that more increases are coming as fresh inventory rolls in at higher costs.

 
Guno צְבִי said:
American consumers are facing a new wave of pricing pressure as companies from food giants to hardware chains warn that tariffs are already making their way onto store shelves.

Retailers like Walmart (WMT), Target (TGT), and Best Buy (BBY) have all said in recent weeks that some tariff-related increases are starting to creep into the cost of groceries, home goods, and electronics.

Just this week, packaged food giant J.M. Smucker (SJM), home to such brands as Folgers, Dunkin', and Café Bustelo, warned of more price hikes after US coffee profits plunged 22% under tariffs.

Hormel Foods (HRL), the company behind Spam and Skippy, also flagged "the steep rise in commodity input costs" after missing earnings expectations in the quarter. Its stock fell 12% after the warning.

"You can't control the controllables right now," Mickey Drexler, former Gap (GAP) CEO and current chair of fashion brand Alex Mill, told Yahoo Finance prior to the latest tariff development. "You don't know what the cost of your goods are relative to retailing and margin. ... I think we haven't seen the worst of it at all."

Executives cautioned that more increases are coming as fresh inventory rolls in at higher costs.

Click to expand...
Guano, you have been posting this same shit for months. So far you have been dead wrong. Maybe try something new?
 
Guno צְבִי said:
American consumers are facing a new wave of pricing pressure as companies from food giants to hardware chains warn that tariffs are already making their way onto store shelves.

Retailers like Walmart (WMT), Target (TGT), and Best Buy (BBY) have all said in recent weeks that some tariff-related increases are starting to creep into the cost of groceries, home goods, and electronics.

Just this week, packaged food giant J.M. Smucker (SJM), home to such brands as Folgers, Dunkin', and Café Bustelo, warned of more price hikes after US coffee profits plunged 22% under tariffs.

Hormel Foods (HRL), the company behind Spam and Skippy, also flagged "the steep rise in commodity input costs" after missing earnings expectations in the quarter. Its stock fell 12% after the warning.

"You can't control the controllables right now," Mickey Drexler, former Gap (GAP) CEO and current chair of fashion brand Alex Mill, told Yahoo Finance prior to the latest tariff development. "You don't know what the cost of your goods are relative to retailing and margin. ... I think we haven't seen the worst of it at all."

Executives cautioned that more increases are coming as fresh inventory rolls in at higher costs.

Click to expand...
As I have said before a lot of the MAGA on here laugh at me for talking about the price of coffee, well went to B J's and Walmart today and again the price has gone up again, Walmart was $21.99 for the 42 oz can and B J 's was $22.50.
Back in Jan it was $9.99 for the same can . that is well over 100% increase in 8 months and it doesn't look like it is coming down and a LOT of other things are starting to go up.
Sure wish some of those MAGAS would start to see what is going on.
The Price of beef is insane, and chicken is going up too.
Well this what they voted for and just wait till the BBB kicks in in a year or so.
 
Guno צְבִי said:
American consumers are facing a new wave of pricing pressure as companies from food giants to hardware chains warn that tariffs are already making their way onto store shelves.

Retailers like Walmart (WMT), Target (TGT), and Best Buy (BBY) have all said in recent weeks that some tariff-related increases are starting to creep into the cost of groceries, home goods, and electronics.

Just this week, packaged food giant J.M. Smucker (SJM), home to such brands as Folgers, Dunkin', and Café Bustelo, warned of more price hikes after US coffee profits plunged 22% under tariffs.

Hormel Foods (HRL), the company behind Spam and Skippy, also flagged "the steep rise in commodity input costs" after missing earnings expectations in the quarter. Its stock fell 12% after the warning.

"You can't control the controllables right now," Mickey Drexler, former Gap (GAP) CEO and current chair of fashion brand Alex Mill, told Yahoo Finance prior to the latest tariff development. "You don't know what the cost of your goods are relative to retailing and margin. ... I think we haven't seen the worst of it at all."

Executives cautioned that more increases are coming as fresh inventory rolls in at higher costs.

Click to expand...
Long before Trump's tariff war, retailers have been raising prices. They've shrunken their products, increased prices and did so because American workers demanded more in wages.
 
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