GoPro reported lower-than-expected results in Q4, citing weaker demand among other drivers. The firm has also been “negatively impacted by tariffs and freight costs associated with our HERO8 Black production delay” according to CFO Brian McGee. Panjiva’s data shows U.S. seaborne imports linked to the firm fell by 30.8% year over year in Q4 and have fallen by a further 14.3% in January. A shift in production to Mexico is going slowly. While imports from China fell by 27.5% year over year in Q4, shipments from Mexico only represented 8.3% of the total. The slow move may have prompted a tar...
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