1728 ET - Take-Two Interactive Software isn't worried about tariffs driving the cost of gaming consoles higher, CEO Strauss Zelnick says on a call with analysts. It's difficult to predict where tariff policies will land, he says, but based on current levels tariffs would have to run off in a very different direction to meaningfully impact the company's fiscal 2026 outlook. "In any case, there's already a very substantial installed base for all of our target platforms, except the Nintendo Switch Two, which has yet to be launched," he says. Shares fall 3.3%. (connor.hart@wsj.com)
(END) Dow Jones Newswires
May 15, 2025 17:30 ET (21:30 GMT)
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