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Tariff Quote Watch: Funko’s Import Pop May Be Stockpiling as Well As Strong Demand

China 2609 Cons. Discr. - Durables 347 Quote Watch 265 Tariffs 1650 U.S. 4649 Vietnam 289

An increasing number of firms are discussing tariffs and Brexit in their conference calls, with 24.5% of calendar 2Q reporting calls mentioning the two topics from 21.2% a quarter earlier. The fastest growth has been in consumer discretionary with a record high of 36.7% of firms discussing the topics from 31.3% in the prior quarter. Increasing concerns about forthcoming U.S. automotive tariffs have been one driver, as has the potential for new tariffs by the U.S. on Chinese exports from Sept. 1 to cover consumer goods including apparel and toys. Toymaker Funko is a typical example with C...

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