What’s News in Earnings: Retailers Scramble to Respond to Tariffs

单集文稿 ...

• 00:03

  Hey listeners, it's Monday, June 2nd.

• 00:06

  I'm Hannah Aaron Lang for The Wall Street Journal, and this is What's News and Earnings,

• 00:10

  our look at the broad themes that stood out in the latest earnings season.

• 00:14

  Today we're taking a look at retailers.

• 00:17

  Stores like Macy's, Kohl's,

• 00:19

  and Best Buy have been caught in the crosshairs of President Trump's tariff war.

• 00:23

  Executives are navigating supply chain disruptions and potential cost increases as a result of tariff policies.

• 00:29

  In addition to fielding concerns about American consumers and whether or not a weakening economy could shrink household budgets and eventually put a dent in sales.

• 00:39

  Though the complete impact of tariffs is yet to be determined,

• 00:42

  the policy is now facing legal challenges in federal courts.

• 00:46

  Many retail executives are scrambling to respond to the new landscape of global trade.

• 00:54

  To break down what we learned from retailers in the first quarter,

• 00:58

  we're here with Suzanne Kappner.

• 01:00

  Suzanne writes about the retail industry for The Wall Street Journal here in New York.

• 01:04

  Suzanne, thanks for joining us today.

• 01:06

  Thanks for having me.

• 01:07

  So what did we hear from retailers about how they are responding to tariffs and the related challenges this earnings season?

• 01:16

  What stood out to you?

• 01:18

  Well, retailers have been working really hard to offset the impact of tariffs,

• 01:22

  mostly by diversifying their supply chains.

• 全部文稿