Descartes Stands By Annual Growth Target Amid Tariff Uncertainty
Descartes, a supply chain software provider, is maintaining its annual growth target of 10% to 15% adjusted EBITDA despite the ongoing uncertainty surrounding global trade tariffs. The company expects continued growth in demand for its global trade intelligence offering as companies navigate the complex and changing tariff landscape. However, the impact of tariffs on business operations and customer decisions remains uncertain.
- This stability amidst significant market volatility highlights Descartes' ability to adapt to and capitalize on changes in the supply chain management space.
- How will the varying effects of different countries' responses to tariffs influence the global competitiveness of companies like Descartes?