Brooks Running CEO: Tariffs are a 'significant math problem for us'

Tariff Impact - The athletic footwear industry has historically faced tariffs of approximately 20% from Southeast Asia [1] - Current tariffs represent a 100% increase on duties for the company when importing into the US [2] - The company states it cannot fully absorb the tariff increase while maintaining investment in R&D, innovation, and employees [2] - Slight price increases are expected in 2026 as a result of the tariffs [2] Production and Sourcing - The company intends to maintain its production locations overseas in Asia, specifically Southeast Asia [1]