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Helen of Troy Warns Tariff Refunds Lag Behind Rising Supply Chain Expenses

Helen of Troy executives say reimbursements under the trade relief program are arriving unpredictably, hampering their ability to plan capital investments and manage supply disruptions. CFO Brian Grass cited the inconsistent payment schedule as a major planning obstacle for the Osprey brand owner. The timing challenge arrives as shippers undertake significant supply chain overhauls. General Mills is pursuing a $3 billion cost-cutting initiative that includes network restructuring, acknowledging that legacy infrastructure no longer meets current demands. Meanwhile, logistics providers are capitalizing on seasonal pressures. Carrier pricing power indices are climbing ahead of peak summer shipping periods. Port activity remains robust despite macroeconomic headwinds, with the Port of Long Beach achieving its third-busiest June on record even as cost pressures mount across the industry.