Dick’s Sporting Goods plans to implement strategies used in 2018 and 2019 to address potential new tariffs, as stated by CFO Navdeep Gupta. With uncertainty surrounding tariff impacts, Gupta noted the company’s strong supply chain diversification away from China, reducing exposure to tariffs on goods from Canada and Mexico. The company maintains robust partnerships with national brand vendors to navigate these challenges effectively. Other retailers are also preparing for possible price increases and implementing mitigation plans in response to anticipated tariffs.


Source: https://www.supplychaindive.com/news/dicks-sporting-goods-tariffs-response-q3-2024-earnings-call/734653/

Access on the Go with App

Stay connected and manage your logistics needs anytime,anywhere with our mobile app.