Management cautions that market conditions are uncertain and could change quickly. Based on today’s assessment, management anticipates local currency sales for the third quarter of 2025 will increase approximately 3% to 4%. Adjusted EPS is forecast to be $10.55 to $10.75, a growth rate of 3% to 5%. Included in the third quarter guidance is an estimated 5% gross headwind to Adjusted EPS growth due to higher tariff costs that is expected to be largely offset by mitigation actions.
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