Multiple Analysts's questions to Cimpress PLC (CMPR) leadership • Q2 2025
Question
Analysts questioned how the company might respond to potential tariffs on Canadian goods and a repeal of the de minimis exemption for U.S. imports, asking about the scale of its Canadian operations.
Answer
Founder, Chairman and CEO Robert Keane assured that the company has been conducting extensive scenario planning. He disclosed that its Canadian and Mexican facilities are roughly double the square footage of its U.S. plants. While a worst-case scenario would require moving capital equipment, not repurchasing it, he noted the company has significant experience relocating production. He acknowledged that eliminating the de minimis exemption would have a material near-term impact until production could be shifted.