Companies withdraw guidance amid Trump's tariffs

(Reuters) -The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some to withdraw or refrain from giving financial guidance.

Here is a list of companies that have made such moves:

AUTOS & TRANSPORTATION

AUTINS GROUP

The UK-based group, which sells components to carmakers, delayed the release of its market guidance on April 29, citing uncertainty caused by U.S. tariffs.

CUMMINS 

The U.S. truck-engine maker withdrew its annual forecast on May 5.

FORD 

The U.S. carmaker suspended its annual guidance on May 5, saying the levies would cost the company about $1.5 billion in adjusted earnings before interest and taxes.

GENERAL MOTORS 

The U.S. car manufacturer cut its 2025 profit forecast on May 1, two days after pulling its annual guidance even as it reported strong quarterly results, as it received some clarity from the White House on automotive tariffs.

On April 29 it also paused plans to buy back $2 billion of shares in the first half of the year, pending more clarity on the economic situation. 

MERCEDES 

The German group on April 30 pulled its earnings guidance for 2025 as it posted sharply lower first-quarter profit.

POLESTAR

The U.S-listed Swedish EV maker paused its 2025 guidance on April 30 as it braces for a potential hit from tariffs.

STELLANTIS 

The French-Italian-American group on April 30 suspended its guidance for a moderate recovery this year, after a profit drop in 2024, and said it would review capital spending plans.

VOLVO CARS

The group, one of the most exposed European automakers to U.S. tariffs, announced 18 billion Swedish crowns ($1.9 billion) in cost cuts and a restructuring of its U.S. operations on April 29, and withdrew its earnings forecast for the next two years.

AEROSPACE & DEFENSE

ALASKA AIR GROUP 

The Seattle-based airline on April 23 withdrew its full-year financial forecast, citing macroeconomic uncertainty.

AMERICAN AIRLINES 

The U.S. carrier pulled its 2025 financial forecast on April 24.

JETBLUE AIRWAYS

The U.S. airline group pulled its 2025 forecast on April 29, saying economic uncertainties made it difficult to predict travel demand.

DELTA AIR LINES

The U.S. carrier on April 9 withdrew its financial forecast for 2025, saying travel demand had "largely stalled" as tariffs fuelled economic uncertainty.

FRONTIER GROUP

The parent of Frontier Airlines withdrew its full-year forecast on April 11 and warned of a loss in the first quarter.

SOUTHWEST AIRLINES     

The U.S. group pulled its financial forecast on April 23.

HEALTHCARE

BELLUSCURA

The U.S.-headquartered medical device maker on April 8 pulled its guidance for 2025 due to U.S. tariffs on China.

UNITEDHEALTH GROUP 

  The company suspended its annual forecast due to surging medical costs while CEO Andrew Witty resigned on May 13.

RETAIL AND CONSUMERS

AMERICAN EAGLE OUTFITTERS 

The apparel company withdrew its annual forecasts on May 13 due to economic uncertainty fueled by tariffs.

BEYOND MEAT

The California-based group withdrew its annual sales target on May 7, citing weak consumer demand due to macroeconomic volatility and high inflation in the U.S.. 

CHARACTER GROUP        

The British toy maker abandoned its annual forecast on April 11, saying it expected the tariff effects on China to be felt in the second half of 2025.

CROCS 

The U.S. footwear maker pulled on May 8 its 2025 outlook due to macroeconomic uncertainties.

DECKERS OUTDOOR 

The UGG boots maker did not provide annual targets on May 22 due to tariff-led macroeconomic uncertainty.

KRISPY KREME

The doughnut chain withdrew its 2025 forecasts on May 8 due to macroeconomic softness and uncertainty around the McDonald's deployment schedule

DIAGEO

The British spirits maker withdrew its medium-term organic sales growth forecast on February 4, acknowledging a prolonged downturn in demand and uncertainty over tariffs.

LOGITECH 

   The Swiss-American computer parts maker pulled its 2026 forecast on April 10, citing uncertainty stemming from Trump's trade policies. It maintained its 2025 sales forecast.

MASCO CORP     

The U.S.-based house improvement firm on April 23 withdrew its annual profit forecast, after missing first-quarter sales and profit estimates, hurt by macroeconomic uncertainty stemming from Trump's tariffs.

MATTEL 

The producer of the Barbie doll withdrew its annual financial targets on May 5, adding it would increase prices for some products in the U.S. to counter higher input costs due to the Trump's tariffs on key trading partners.

ROSS STORES

The discount store operator on May 22 withdrew its fiscal 2025 forecasts, saying that tariffs could take a toll on its profitability this year.

SKECHERS 

The footwear maker on April 24 withdrew its annual results forecast, saying the Trump administration's erratic trade policies were fuelling economic uncertainty

SPECTRUM BRANDS 

The retailer company said on May 9 it does not have sufficient visibility to continue providing an earnings framework for 2025-

SPIN MASTER 

The Canadian toy maker withdrew its 2025 outlook on April 29 until the environment stabilises.

STEVEN MADDEN 

The U.S. shoe maker pulled its 2025 guidance on May 7, citing uncertainty due to the impact of tariffs on goods imported into the U.S.

OTHERS

ALPHAWAVE IP GROUP 

The British semiconductor company said on April 17 that it was unable to provide a financial forecast for 2025 or beyond, citing global economic uncertainty unleashed by U.S. tariffs.

ARM HOLDINGS

The UK-based chip maker decided not to issue full-year guidance on May 8, due to lower visibility produced by uncertainty in the global trade and economic picture.

AVERY DENNISON

The U.S. group, which makes packaging and labeling products such as radio frequency tags, pulled its annual forecast on April 23, adding it was shifting to quarterly projections because of macroeconomic uncertainty.

PAGEGROUP

The British recruiter did not issue a financial forecast in its quarterly statement on April 9 amid "increasingly unpredictable" conditions.

($1 = 9.6483 Swedish crowns)

(Compiled by Alberto Chiumento in Gdansk. Editing by Milla Nissi, Mark Potter, Sharon Singleton and Chizu Nomiyama)