“Tariffs are a real cost that we are facing,” Voin Todorovic, chief financial officer at Build-A-Bear, said in the company’s Aug. 28 earnings call — pointing to current U.S. import tax rates of 30% on China and 20% on Vietnam, where the retailer sources much of its products. Some of that has already trickled down to the cost of Build-A-Bear’s merchandise in North America, but Todorovic noted that such levies would impact the company “even more in the second half of the year.”
