Shares of Distribution Solutions Group fell over 25% on March 5, 2026, after the company reported Q4 2025 results. On their Q4 earnings call, CEO Bryan King stated that the company had “navigated challenging headwinds in 2025…including those driven by fluid tariffs.” However, when asked whether the company felt like it had its “arms around” tariffs just months earlier at a November 18, 2025, conference, CFO Ron Knutson responded: “Yes, yes, yes, we can. We can plan around it,” and added that “we [the company] feel like we've been in a pretty good place around the tariff side.” Block & Leviton is investigating.
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