💨 Abstract

Companies are facing ongoing concerns about tariffs as they report financial results, with many trying to assess potential impacts on costs and sales. Industries such as food and beverage, pharmaceuticals, and household staples are particularly affected. Procter & Gamble, PepsiCo, and Merck have all adjusted their earnings forecasts due to increased costs from tariffs, with P&G and PepsiCo expecting to pass on higher prices to consumers.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖