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Morgan Stanley research report states that companies such as Amazon, Big 5 Sporting Goods, Skechers, and Fastenal have all placed early orders and stockpiled inventory in an attempt to mitigate the impact of tariffs. Amazon executives pointed out in the company's recent earnings call that their ability to avoid widespread price increases so far is partially due to the company and third-party sellers making early purchases. Both Big 5 Sporting Goods and Skechers have stated that stockpiling inventory as a short-term solution to tariffs significantly reduced the impact in the first quarter. Meanwhile, Fastenal executives expect their inventory levels to remain high throughout the year as the company addresses new tariffs.
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