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Yowie Group Ltd. ( (AU:YOW) ) has issued an announcement.
Yowie Group Ltd is facing potential increased costs due to newly introduced tariffs by the United States on imports from Canada and China, which affect Yowie’s supply chain for chocolate and toy components. In response, Yowie is taking immediate action to source chocolate domestically and reviewing its supply arrangements to mitigate the financial impact of these tariffs.
More about Yowie Group Ltd.
Yowie Group Ltd is a global brand licensing and chocolate manufacturing business that focuses on promoting environmental education and engagement through its products. The company utilizes its proprietary intellectual property to produce and distribute Yowie chocolate confectionery and develop digital and branded consumer products. Yowie aims to expand its market presence in North America and ANZ, with further international growth plans.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.81M
For a thorough assessment of YOW stock, go to TipRanks’ Stock Analysis page.
