Smith & Wesson parent American Outdoor Brands warns of China tariff impact; says it might raise prices on accessories, outdoor products
Smith & Wesson parent company American Outdoor Brands said this week that tariffs on Chinese goods could cost it as much as $3 million in the next three months alone. And the company said it might raise prices on its outdoor products and accessories imported from China, passing the costs on to consumers. Jeffrey D. Buchanan, the company’s chief financial officer, described the tariffs’ potential impacts in an earnings conference call this week.