other material
confidence high
sentiment neutral
materiality 0.55
Cimpress estimates annual tariff impact <$10M, cites exclusions and mitigation
CIMPRESS plc
- Estimates <$10M annual direct tariff impact on imports from Canada, Mexico, and China before mitigation.
- US product COGS from Canada/Mexico ~$230M for TTM Dec 2024; 70% qualifies for 'informational materials' exclusion under IEEPA.
- Most remaining imports qualify for de minimis exemption ($800/day threshold) which remains available for now.
- Plans mitigation including shifting production/sourcing and pricing changes; also evaluating North American footprint changes.