Core Insights - Weyco Group, Inc. reported financial results for the third quarter of 2025, showing a decline in both wholesale and retail segments, primarily due to reduced sales volumes and increased costs from tariffs [1][2][12]. North American Wholesale Segment - Wholesale net sales were $60.2 million, down 2% from $61.1 million in Q3 2024, with sales volumes decreasing by 7% [3]. - Florsheim brand saw an 8% sales increase, while BOGS and Stacy Adams experienced declines of 17% and 5%, respectively [4]. - Wholesale gross earnings as a percentage of net sales decreased to 35.7% from 40.1% year-over-year, impacted by incremental tariffs [5]. - Operating earnings fell by 20% to $7.5 million due to lower sales volumes and margin erosion [5]. Incremental Tariffs - The U.S. government maintained a 30% tariff on goods sourced from China, with ongoing trade talks potentially affecting future tariff rates [6]. - The tariff environment remains unpredictable, creating uncertainty regarding its impact on gross margins [6]. North American Retail Segment - Retail segment net sales totaled $73.1 million, down 2% from $74.3 million in Q3 2024, with gross earnings at 40.7% of net sales [8][10]. - Net earnings decreased by 18% to $6.6 million, with diluted earnings per share dropping to $0.69 from $0.84 [8][22]. Other Operations - Florsheim Australia reported flat net sales of $6.0 million, with gross earnings as a percentage of net sales increasing to 61.0% [11]. Strategic Decisions - The company decided to wind down operations of the Forsake brand due to lack of growth and profitability, with no material impact expected on consolidated financial statements [7]. Dividend Declarations - The Board of Directors declared a regular quarterly cash dividend of $0.27 per share and a special cash dividend of $2.00 per share, reflecting a return of capital to shareholders [13][14].

Core Viewpoint - Treasury traders are preparing for significant market movements due to the upcoming Supreme Court ruling on tariffs and the government's debt allocation announcement, which could impact bond markets and deficit financing [2][3][7]. Treasury Debt and Tariffs - The Treasury Department is expected to announce a bond issuance of $125 billion, maintaining stability in long-term offerings while relying more on short-term debt [11]. - Tariffs generated $195 billion in revenue for the fiscal year ending September, contributing to a reduction in the national deficit, which is crucial for perceptions of the U.S.'s ability to repay its $38 trillion debt [4][8]. - There is a 35% chance that the tariffs will be upheld, but the Supreme Court's decision may take weeks, creating uncertainty in the market [5][10]. Market Reactions and Predictions - If tariffs are ruled illegal, the Treasury may need to refund the $195 billion collected, complicating deficit financing and potentially leading to higher borrowing needs [8][10]. - A surprise reduction in longer-term Treasury auction sizes could lead to a decrease in yields for 10- to 30-year bonds by 0.1 to 0.2 percentage points [7][12]. - The expectation is that the deficit will exceed $2 trillion annually over the next decade, making reductions in longer-term issuance unlikely [12].

So why won't this war. >> But Nora, that was Joe Biden's war, not my war. I inherited that stupid war.>> As the bloodiest land war in Europe since World War II continues, >> but I brought I mean just a little list of of of look at this wars. >> President Trump wanted to make sure we saw the list of eight international conflicts he says he's been able to end since returning to office. And you have branded yourself the peace president.Well, I think I did pretty good. I I solved those are eight of the nine war ...

This trade war though was hurting Americans. I mean, our soybean farmers, China had stopped buying the soybeans. China was withholding these rare earth materials that you need for everything from smartphones to build submarines.>> Sure. >> What was the crucial thing. I mean, how tough of a negotiator.>> It was a temporary hurt. It was a hurt because uh I was taking in a lot of money from China. We were doing very well against China.And all of a sudden, they said, you know, we have to fight back. And so they ...

Supreme Court Could Overturn Trump’s Tariffs: Target, Samsung, Walmart Would Be Among Biggest Winnershttps://t.co/bQzaQPDk2M https://t.co/snHruYd1E8 ...

Investors will be keeping a close watch Wednesday as the Supreme Court hears oral arguments in a case that could determine whether most of President Donald Trump's wide-ranging tariffs will stand or not. ...

Group 1 - Intuitive Surgical's stock is currently priced at $538.82, showing a gain of $5.39 or 0.99%, with a notable 30% increase in the last period [1] - The company is forming a handle pattern with a buy point at $552.50 after a long consolidation phase [1] - Intuitive Surgical has experienced accelerated earnings and revenue growth over the last two quarters, achieving a Composite Rating of 97 out of 99 [1] Group 2 - The stock market rose due to doubts about Trump tariffs, with key stocks like Robinhood and AppLovin leading the earnings movers [2] - Despite the overall market fading, Intuitive Surgical's Composite Rating has improved to 96, indicating strong performance [4] - The company is closely watched as it prepares for the release of the Da Vinci 5 system, which is expected to impact its market position significantly [4]

Core Insights - The rising cost of groceries and other products is significantly impacting consumers, with tariffs contributing to increased prices [2][3] - Consumers are absorbing approximately 55% of the costs associated with tariffs, indicating a substantial financial burden [3] Company Strategy - Costco's Kirkland Signature brand is a key asset that helps the company maintain competitive pricing despite rising costs from tariffs [4][6] - The Kirkland brand has established a reputation for quality, allowing Costco to consolidate its private-label products under one name, which differentiates it from competitors [5][6] - Costco's inventory management strategy, which limits the number of SKUs to about 4,000, enables the company to adapt quickly to market changes and negotiate better prices with suppliers [7][8] Financial Performance - During the Q4 2025 earnings call, Costco's CEO highlighted the increasing sales penetration of the Kirkland Signature brand, which is contributing to value for members [6] - The company's CFO noted that Costco has the flexibility to adjust its product offerings based on perceived value, further supporting its pricing strategy [7]

Core Insights - Capri Holdings reported an unexpected quarterly loss and warned of potential margin impacts due to tariffs amid rising economic uncertainty affecting consumer sentiment and retail operations [1][2] - The company anticipates an unmitigated tariff impact of approximately $85 million in fiscal 2026 [1] Financial Performance - Capri's quarterly gross margin decreased to 61% from 62.3%, primarily due to a 130-basis-point negative impact from tariffs [3] - The company posted a quarterly adjusted loss of 3 cents per share, contrasting with Wall Street estimates of a profit of 13 cents per share [3] - Quarterly revenue reached $856 million, surpassing estimates of $825.7 million [5] Brand Performance - Revenue for the Michael Kors brand declined by 1.8% on a reported basis, an improvement from a 5.9% decline in the previous quarter [4] - Capri's turnaround efforts included the sale of its struggling Versace label to Prada earlier this year [4] Market Outlook - CEO John Idol projected a gross margin decline of 200 to 250 basis points for Q3, attributing this to higher inventory costs due to full tariffs [2] - Analyst Rachel Wolff noted that while Capri's earnings indicate some recovery in the luxury industry, demand remains uncertain due to economic turbulence affecting consumer sentiment [4]

Core Viewpoint - A group of investors has filed a lawsuit against Dow Inc. for failing to adequately disclose the impact of tariffs on its business, marking the first investor class action related to the tariffs imposed during President Trump's administration [1][10]. Group 1: Legal Implications - The lawsuit against Dow Inc. is indicative of a broader trend where investors may feel misled by companies' optimistic messaging regarding their financial health amid tariff impacts [2][10]. - There is a growing risk of litigation for companies as the effects of tariffs become evident in financial results, potentially leading to more lawsuits similar to the Dow case [5][10]. - Legal experts suggest that plaintiffs' lawyers are likely to exploit stock price declines to claim that companies mismanaged or miscommunicated their financial outlooks [3][6]. Group 2: Insurance Market Response - The uncertainty surrounding tariffs has led to increased demand for Directors and Officers (D&O) liability insurance, as companies seek protection against potential lawsuits [7][8]. - Insurers are observing heightened interest in D&O coverage, reflecting the current climate of uncertainty and the associated litigation risks [6][7]. - While D&O coverage for companies is less commonly purchased, there may be a shift in interest due to the emerging risks from tariff-related allegations [8]. Group 3: Investor Sentiment and Company Performance - Investors are increasingly concerned about the transparency of companies' communications regarding their financial performance, especially in light of disappointing results attributed to tariffs [9]. - In Dow's case, investors reacted negatively to the company's second-quarter results, which included a dividend cut and blamed tariffs, despite prior assurances of resilience [9]. - The expectation is that more tariff-related securities class action lawsuits will emerge as companies navigate the complexities of tariff impacts on their operations [12].