Brooke DiPalma

2 weeks ago | yahoo.com | Brooke DiPalma

As companies scramble to respond to Trump's wide-ranging reciprocal tariffs, anti-American sentiment towards US brands is emerging as another concern. A baseline tariff of 10% went into effect on April 5, while higher reciprocal tariffs are set to begin on April 9. For food chains, the headwind from tariffs on commodity imports is relatively small, as many ingredients are domestically grown and most imports from Canada and Mexico are exempt under the United States-Mexico-Canada Agreement (USMCA).

2 weeks ago | finance.yahoo.com | Brooke DiPalma

In this new tariff world, discount and off-price retailers are rising in favor as the fear of recession grows among shoppers. On Monday, Citi analyst Paul Lejuez upgraded shares of Dollar General (DG) from Sell to Neutral and upgraded Dollar Tree (DLTR) to Buy from Neutral. "In the near-term Dollar General does not have the same tariff risk as most others in our retail universe, and may benefit from consumers trading down," he wrote in a note to clients.

2 weeks ago | ca.finance.yahoo.com | Brooke DiPalma

Trump's reciprocal tariffs are the latest headwind to spill into the wine and spirits industry. EU imports now face a 20% reciprocal tariff, set to go into effect on Apr. 9, which could have major implications for producers, restaurants, retailers, importers, and distributors. And it may only be the beginning. In early March, President Trump posted on Truth Social if the EU didn't remove a 50% tariff on whiskey, the US would place a 200% tariff on wine, champagne, and other alcoholic products.

2 weeks ago | ca.finance.yahoo.com | Brooke DiPalma

Grocery chains are outperforming as Trump's reciprocal tariffs ravage the wider market. With the S&P 500 (^GSPC) heading for its worst week since 2020, investors are looking for safe havens. In the last five days, shares of food-heavy retailers like Walmart (WMT) and Costco (COST) have stayed flat, as the S&P 500 slid 7%. UBS analyst Michael Lasser said the duo "have the most resilient earnings outlook" with tariffs expected to eat at company's margins.

3 weeks ago | ca.finance.yahoo.com | Brooke DiPalma

With Trump's reciprocal tariffs roiling the markets, investors are looking to Happy Meals for a smile. On Thursday, shares of McDonald's (MCD), Yum! Brands (YUM), and Restaurant Brands International (QSR) all popped while the wider market plunged. The Golden Arches is up 2%, while Yum (KFC, Pizza Hut, Taco Bell) and RBI (Burger King, Tim Hortons, Popeyes) are up 2% and 1.4%, respectively. The S&P 500 dropped nearly 5% amid the selloff.