HP Progresses on Building Outside of China as Tariffs Bring Complications -- Market Talk

Dow Jones

Mar 01, 2025

1215 ET - HP Inc. joins the chorus of other companies touting its changing footprint. The computer and printer maker says it expects more than 90% of its products sold in North America to be built outside of China by the end of fiscal 2025. CEO Enrique Lores on an earnings call says China will continue to be an important manufacturing hub for the rest of the world. He adds that HP is managing tariff increases on China and has included them in its outlook, while also being ready to manage any changes that come with additional tariffs. "Depending on the scope, while some of our mitigating actions can take a few months lead there we would be focused on fully offsetting over time," says Lores. Shares retreat 7.2% to $30.74. (denny.jacob@wsj.com; @pennedbyden)

(END) Dow Jones Newswires

February 28, 2025 12:15 ET (17:15 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516322372"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516322372\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516322372?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-01 01:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516322372","market":"nz","top_or_hot":-1,"title":"HP Progresses on Building Outside of China as Tariffs Bring Complications -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1215 ET - HP Inc. joins the chorus of other companies touting its changing footprint. The computer and printer maker says it expects more than 90% of its products sold in North America to be built outside of China by the end of fiscal 2025. CEO Enrique Lores on an earnings call says China will continue to be an important manufacturing hub for the rest of the world. He adds that HP is managing tariff increases on China and has included them in its outlook, while also being ready to manage any changes that come with additional tariffs. \"Depending on the scope, while some of our mitigating actions can take a few months lead there we would be focused on fully offsetting over time,\" says Lores. Shares retreat 7.2% to $30.74. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 12:15 ET (17:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HP Progresses on Building Outside of China as Tariffs Bring Complications -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHP Progresses on Building Outside of China as Tariffs Bring Complications -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-01 01:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1215 ET - HP Inc. joins the chorus of other companies touting its changing footprint. The computer and printer maker says it expects more than 90% of its products sold in North America to be built outside of China by the end of fiscal 2025. CEO Enrique Lores on an earnings call says China will continue to be an important manufacturing hub for the rest of the world. He adds that HP is managing tariff increases on China and has included them in its outlook, while also being ready to manage any changes that come with additional tariffs. \"Depending on the scope, while some of our mitigating actions can take a few months lead there we would be focused on fully offsetting over time,\" says Lores. Shares retreat 7.2% to $30.74. (denny.jacob@wsj.com; @pennedbyden) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 12:15 ET (17:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HPQ","symbol_name":"惠普","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516322372","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516322372","pubTimestamp":1740762900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1215 ET - HP Inc. joins the chorus of other companies touting its changing footprint. The computer and printer maker says it expects more than 90% of its products sold in North America to be built outside of China by the end of fiscal 2025. CEO Enrique Lores on an earnings call says China will continue to be an important manufacturing hub for the rest of the world. He adds that HP is managing tariff increases on China and has included them in its outlook, while also being ready to manage any changes that come with additional tariffs. \"Depending on the scope, while some of our mitigating actions can take a few months lead there we would be focused on fully offsetting over time,\" says Lores. Shares retreat 7.2% to $30.74. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HPQ":"惠普","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4588":"碎股","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","BK4585":"ETF&股票定投概念","HP":"赫尔默里奇和佩恩材料","BK4170":"电脑硬件、储存设备及电脑周边","BK4092":"石油与天然气钻井"},"translate_title":"由于关税带来复杂性，惠普在中国境外的建设取得进展——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HPQ":0.9,"HP":1},"content_text":"1215 ET - HP Inc. joins the chorus of other companies touting its changing footprint. The computer and printer maker says it expects more than 90% of its products sold in North America to be built outside of China by the end of fiscal 2025. CEO Enrique Lores on an earnings call says China will continue to be an important manufacturing hub for the rest of the world. He adds that HP is managing tariff increases on China and has included them in its outlook, while also being ready to manage any changes that come with additional tariffs. \"Depending on the scope, while some of our mitigating actions can take a few months lead there we would be focused on fully offsetting over time,\" says Lores. Shares retreat 7.2% to $30.74. (denny.jacob@wsj.com; @pennedbyden) \n\n\n  (END) Dow Jones Newswires\n\n\n  February 28, 2025 12:15 ET (17:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}