1252 ET - Tariffs would certainly dampen Ball's current outlook, Chief Executive Dan Fisher says on a call with analysts. The aluminum-can maker has spent the better part of the last few weeks renegotiating deals with its Chinese aluminum suppliers in an attempt to mitigate a $40 million to $50 million issue, he says: "I think we've got that resolved down to a couple million dollars." The larger concern now revolves around consumer sentiment. Consumers are already pretty stressed, Fisher says, adding that higher costs stemming from a 25% tariff would stifle demand and be a headwind to growth. Shares fall 8% after Ball reports a decline in 4Q sales and logs a loss. (connor.hart@wsj.com)
(END) Dow Jones Newswires
February 04, 2025 12:52 ET (17:52 GMT)
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