Tariff Impact on Grocery Industry - President Trump's global tariffs are straining grocery chains, impacting items like pineapples from Costa Rica, fish from Greece, and cheese from Italy [1][2] - Major grocers, including Walmart, are experiencing increasing costs as they replenish inventory at post-tariff price levels [4] - Grocery costs climbed 27% in August compared to a year ago, marking the fastest pace of grocery inflation in two years [6] - Tariffs are prompting some companies to onshore manufacturing, such as aluminum tins, but this may not help margins [11][12] Consumer Behavior and Pricing Strategies - Grocers are hesitant to raise prices to avoid being perceived as contributing to inflation and want to support customers by maintaining low prices [5] - Over half of consumers are concerned about grocery prices, and 66% reported switching to less expensive products to save money [13] - Customers may switch to less expensive items or buy less of certain products if prices increase too much [13][14] Specific Product Impacts - The US imported 760 metric tons of shrimp in 2024, with India being a top exporter facing a 50% tariff [8] - Due to the 50% tariff on Indian shrimp, the company is switching to Ecuador, potentially increasing shrimp prices by 25% [8] - A 15% tariff on imported fruits like mangoes, pineapples, and bananas from Costa Rica is currently being absorbed by the importer [9][10] - Stew Leonard's anticipates potentially selling 20% less shrimp this year due to rising prices [9]

is no longer wrong because I've been wrong for a long time. We'll see. Griffin, I think his actual quote yesterday was, "We're definitely on a bit of a sugar high in the US economy right now." Well, I mean, look, I I if you look at chart, you've got a stock that's up 117%.It may be a sugar high or it may be a recognition. And every time we talk about $37 trillion in debt, the only thing you can really do other than just say, "Look, they can't agree that in there is buy gold for your kids." And I have BEEN E ...

Core Viewpoint - McCormick & Co. has reduced its profit outlook due to rising commodity costs and incremental tariffs, while maintaining revenue projections for fiscal 2025 [1][6]. Financial Performance - For the full year, McCormick now expects operating profit to grow by 1-3% on a reported basis, down from the previous guidance of 2-4% [2]. - In adjusted terms, the new estimate for operating income growth is 2-4%, compared to the prior expectation of 3-5% [2]. - Constant currency operating profit guidance has been adjusted to 3-5% from 4-6% [2]. - Earnings per share (EPS) guidance has been lowered to $2.95-3.00, reflecting 1-3% growth, down from the previous range of $2.98-3.03, which indicated 2-4% growth [4]. Sales and Revenue - McCormick reported third-quarter sales of $1.7 billion, a 3% increase, with organic sales rising by 2% and a 1% contribution from pricing [4]. - The consumer retail business saw a 4% increase in sales to $973 million, with organic sales climbing 3% [4]. - Flavour solutions (foodservice) reported a 1% increase in sales to $752 million, both on a reported and organic basis [5]. Strategic Initiatives - The company continues to invest in growth plans supported by cost-savings initiatives to enhance resilience amid rising inflation and tariffs [3][6]. - McCormick's outlook reflects ongoing investments in key categories to sustain strong volume trends and drive long-term profitable growth [6]. - The company is implementing sourcing plans supported by advanced analytics and revenue growth management to mitigate the impact of tariffs [7].

Joining us with more on the retail landscape, Jan Niffin, J Rogers Niffin, worldwide CEO. Jan, it's great to see you. So, uh, following up on Courtney's point there, um, how do you see these these brands, these retailers managing tariffs right now.And do you think that's going to change going into the holiday season. What should consumers expect in terms of pricing, in terms of inventory selection. I think Courtney, you pretty well nailed it.We don't really see a lot getting passed through right this moment ...

Courtney Reagan joins us with a look at the choices retailers need to make and the prices that we all might pay for this holidays. Hopefully they're going to be lower. Court >> see kind of depends on what you get.I mean since April 2nd trade deals of course you know been negotiated with lower rates for some countries though India tariffs are higher than initially announced. China remains in flux and then other types of tariffs like on upholstered furniture for example those have also been levied. So, while ...

The EU is doubling its tariffs on steel imports to 50% and slashing quotas as it grapples with a glut of cheap imports https://t.co/QjQQyajtYW ...

Group 1 - The current year is characterized by numerous uncertainties and opportunities, including sticky inflation, weakening labor demand, poor consumer sentiment, tariffs, and AI disruption [2] Group 2 - The article emphasizes the importance of in-depth research on various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, and ETFs [1]

Grocery prices are on the rise, and evidence suggests President Trump’s tariffs aren’t helping. WSJ visited one regional grocery chain to see how tariffs are affecting a handful of popular items. https://t.co/lT7JBTBQnh ...

Kentucky's governor has a warning for Trump: Tariffs are hurting the industries he’s trying to revive https://t.co/O6UvfIuVfd ...

Core Insights - Retailers face the risk of needing to discount excess inventory if consumer spending decreases [1] Group 1 - Stores may have to implement discounts to manage surplus inventory [1]