finance
Company Files Claims for Tariff Refund of About $88 Million
The company filed claims seeking a refund of approximately $88 million in tariffs. It will record $27 million in cost of goods sold and $61 million in positive non-recurring income in North America operating results for the second quarter of 2026.
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A company filed claims for a refund of approximately $88 million in tariffs under an emergency-powers law. The filing states the company will recognize $27 million in cost of goods sold and $61 million in positive non-recurring income within North America operating income during the second quarter of 2026.
The claims seek recovery of duties paid on imported goods.
The amounts will appear in the company's second-quarter financial statements for the North America region. No further details on the timing of any potential refund or additional filings were provided.
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