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Companies withdraw guidance amid Trump's tariffs
Companies withdraw guidance amid Trump's tariffs

Reuters

time14-04-2025

  • Business
  • Reuters

Companies withdraw guidance amid Trump's tariffs

April 14 (Reuters) - The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some of them to withdraw or refrain from giving a financial guidance. Here is a list of companies that have made such moves: AEROSPACE & DEFENSE The U.S. carrier on April 9 withdrew its financial forecast for 2025, saying travel demand has "largely stalled" as tariffs fuel economic uncertainty. FRONTIER GROUP (ULCC.O), opens new tab The parent of Frontier Airlines withdrew its full-year forecast on April 11 and warned of a loss in the first quarter, as Trump's trade war has hit travel demand. HEALTHCARE BELLUSCURA (BELLB.L), opens new tab The U.S.-headquartered medical device maker on April 8 pulled its guidance for 2025 due to the U.S. tariffs on China. RETAIL AND CONSUMERS CHARACTER GROUP (CCT.L), opens new tab The British toy maker abandoned its annual forecast on April 11, saying it expected the tariff effects on China to be felt in the second half of 2025. The British spirits maker withdrew its medium-term organic sales growth forecast on February 4, acknowledging a prolonged downturn in demand and uncertainty over tariffs. The risk of U.S. tariffs on Mexico and Canada from March added "further complexity" around the guidance and threatened $200 million worth of operating profit in the second half, company executives said. LOGITECH (LOGN.S), opens new tab The Swiss-American computer parts maker pulled back its 2026 forecast on April 10, citing continued uncertainty stemming from Trump's trade policies. It maintained its 2025 sales forecast. OTHER PAGEGROUP (PAGE.L), opens new tab The British recruiter did not issue a financial forecast in its quarterly statement on April 9 amid "increasingly unpredictable" conditions.

Factbox-Companies withdraw guidance amid Trump's tariffs
Factbox-Companies withdraw guidance amid Trump's tariffs

Yahoo

time14-04-2025

  • Business
  • Yahoo

Factbox-Companies withdraw guidance amid Trump's tariffs

(Reuters) - The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some of them to withdraw or refrain from giving a financial guidance. Here is a list of companies that have made such moves: AEROSPACE & DEFENSE DELTA AIR LINES The U.S. carrier on April 9 withdrew its financial forecast for 2025, saying travel demand has "largely stalled" as tariffs fuel economic uncertainty. FRONTIER GROUP The parent of Frontier Airlines withdrew its full-year forecast on April 11 and warned of a loss in the first quarter, as Trump's trade war has hit travel demand. HEALTHCARE BELLUSCURA The U.S.-headquartered medical device maker on April 8 pulled its guidance for 2025 due to the U.S. tariffs on China. RETAIL AND CONSUMERS CHARACTER GROUP The British toy maker abandoned its annual forecast on April 11, saying it expected the tariff effects on China to be felt in the second half of 2025. DIAGEO The British spirits maker withdrew its medium-term organic sales growth forecast on February 4, acknowledging a prolonged downturn in demand and uncertainty over tariffs. The risk of U.S. tariffs on Mexico and Canada from March added "further complexity" around the guidance and threatened $200 million worth of operating profit in the second half, company executives said. LOGITECH The Swiss-American computer parts maker pulled back its 2026 forecast on April 10, citing continued uncertainty stemming from Trump's trade policies. It maintained its 2025 sales forecast. OTHER PAGEGROUP The British recruiter did not issue a financial forecast in its quarterly statement on April 9 amid "increasingly unpredictable" conditions. (Compiled by Alberto Chiumento in Gdansk, editing by Milla Nissi)

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