Husqvarna reported lower-than-expected operating profits in 3Q, in part due to “weaker demand in North America”. The slowdown has resulted in a 12.8% rise in inventories compared to a 4.8% rise in sales. Panjiva’s data shows U.S. seaborne imports associated with the power tool maker climbed 9.6% year over year in the three months to Aug. 31 and may have jumped 42.1% in September, exacerbating the inventory surge. At least the threat from tariffs on Chinese exports has been neutralized. CFO Glen Instone stated the impact of tariffs is “roughly offset by the pric...