Trade
Who names tariffs as a cost
7 stocks · 2 groups · Updated
Tariffs are paid by the importer. These companies name them as a cost or a risk in their own filings.
At a glance
01
Retailers
WMTWalmartWMTRuns supercenters, Sam's Club and online stores.
The largest US retailer lists tariffs first among the things it expects to keep its results uncertain.
“We expect continued uncertainty in our business and the global economy due to the following factors: tariffs and trade restrictions, including tariff refunds; inflationary trends; fluctuations in global currencies; swings in macroeconomic conditions and their effect on consumer confidence; changes in employment trends; volatility in fuel prices; and supply chain pressures, any of which may impact our results.”
WalmartWMT
Runs supercenters, Sam's Club and online stores.
The largest US retailer lists tariffs first among the things it expects to keep its results uncertain.
“We expect continued uncertainty in our business and the global economy due to the following factors: tariffs and trade restrictions, including tariff refunds; inflationary trends; fluctuations in global currencies; swings in macroeconomic conditions and their effect on consumer confidence; changes in employment trends; volatility in fuel prices; and supply chain pressures, any of which may impact our results.”
TGTTargetTGTRuns general-merchandise stores.
Target says tariffs, how it sources and how it prices could all move its sales and results.
“The collective interaction of tariffs, tariff refunds, sourcing strategies, pricing actions, consumer response and behaviors, and other factors could materially impact our sales, results of operations, and financial condition in future periods.”
TargetTGT
Runs general-merchandise stores.
Target says tariffs, how it sources and how it prices could all move its sales and results.
“The collective interaction of tariffs, tariff refunds, sourcing strategies, pricing actions, consumer response and behaviors, and other factors could materially impact our sales, results of operations, and financial condition in future periods.”
BBYBest BuyBBYSells electronics and appliances.
Most electronics are imported. Best Buy names tariffs among the pressures that can push its prices up.
“We are subject to specific pressures that may increase our product prices, including high consumer demand, inflation, governmental actions (e.g., tariffs) and supply chain disruptions.”
Best BuyBBY
Sells electronics and appliances.
Most electronics are imported. Best Buy names tariffs among the pressures that can push its prices up.
“We are subject to specific pressures that may increase our product prices, including high consumer demand, inflation, governmental actions (e.g., tariffs) and supply chain disruptions.”
02
Makers
GMGeneral MotorsGMDesigns and builds cars and trucks.
GM puts a price on it for this year, between $2.5 and $3.5 billion of adjusted profit.
“Based on the current tariff environment, we estimate that impacts to EBIT-adjusted could range from $2.5 billion to $3.5 billion for the year ending December 31, 2026 and may be subject to change if new tariffs or changes to existing tariffs arise.”
General MotorsGM
Designs and builds cars and trucks.
GM puts a price on it for this year, between $2.5 and $3.5 billion of adjusted profit.
“Based on the current tariff environment, we estimate that impacts to EBIT-adjusted could range from $2.5 billion to $3.5 billion for the year ending December 31, 2026 and may be subject to change if new tariffs or changes to existing tariffs arise.”
MATMattelMATMakes Barbie, Hot Wheels and other toys.
Mattel's gross margin fell almost three points, and tariffs are the first reason it gives.
“Gross margin declined to 48.2% in the second quarter of 2026 compared to 50.9% in the second quarter of 2025, due to the gross incremental cost of tariffs, inflation, higher royalties, and the unfavorable impact of foreign exchange.”
MattelMAT
Makes Barbie, Hot Wheels and other toys.
Mattel's gross margin fell almost three points, and tariffs are the first reason it gives.
“Gross margin declined to 48.2% in the second quarter of 2026 compared to 50.9% in the second quarter of 2025, due to the gross incremental cost of tariffs, inflation, higher royalties, and the unfavorable impact of foreign exchange.”
WHRWhirlpoolWHRMakes kitchen and laundry appliances.
Whirlpool lists tariff cost among the reasons its results fell.
“The decrease was primarily driven by industry demand decline, operational inefficiencies associated with lower volume, tariff cost, inflation and unfavorable price/mix.”
WhirlpoolWHR
Makes kitchen and laundry appliances.
Whirlpool lists tariff cost among the reasons its results fell.
“The decrease was primarily driven by industry demand decline, operational inefficiencies associated with lower volume, tariff cost, inflation and unfavorable price/mix.”
NKENikeNKEDesigns and sells athletic shoes and clothing.
Most of Nike's products are made abroad, so duties and tariffs set part of what they cost to bring in.
“In addition, many of our imported products are subject to duties, tariffs or quotas that affect the cost and quantity of various types of goods imported into the United States and other countries.”
NikeNKE
Designs and sells athletic shoes and clothing.
Most of Nike's products are made abroad, so duties and tariffs set part of what they cost to bring in.
“In addition, many of our imported products are subject to duties, tariffs or quotas that affect the cost and quantity of various types of goods imported into the United States and other countries.”