GoPro Expects No Material Tariff Impact To Consumer Pricing Or Gross Margin: Details

GoPro, Inc. (NASDAQ:GPRO) shares are trading higher on Tuesday.

The company has provided details on its supply chain approach in light of recent U.S. tariff announcements. It stated that its varied supply chain would help reduce the possible effects of these tariffs.

“Over the last few years, we proactively moved our U.S.-bound camera production outside of China, which has significantly reduced the impact of tariffs,” said Brian McGee, CFO and COO of GoPro.

GoPro also emphasized that it doesn’t expect major adjustments to U.S. consumer prices or profit margins due to the new tariffs on imported ...

Full story available on Benzinga.com