Geopolitics Alpha

KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook

Published . Updated .

Key takeaways

  • Q3 revenue rose 5.1% YoY and Adjusted EBITDA increased 9.1%, with higher sales volume and pricing supporting results.
  • Exposed: IGV, TIP, MSFT, WMT, COST
  • Market reaction: IGV +2.0% on the day (still updating); TIP −0.1% on the day (still updating); ORCL +7.4% on the day (still updating)

Market Call

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KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook

Q3 revenue rose 5.1% YoY and Adjusted EBITDA increased 9.1%, with higher sales volume and pricing supporting results. Q4 Adjusted EBITDA is expected below Q3 but above the prior-year quarter, while input-cost and trade uncertainty persist.Original document: KP Tissue, Inc. [KPT]

Directly affected

  • No company is named in this report.

Indirectly affected

  • IGV iShares Expanded Tech-Software ETF

    iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story.

  • TIP iShares TIPS Bond ETF+0.4% 19d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • MSFT Microsoft+4.0% 30d

    Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • COST Costco Wholesale+17.1% 30d

    Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • ORCL Oracle-9.5% 30d

    Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

  • PG The Procter & Gamble+16.0% 30d

    The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

  • CRM Salesforce-7.0% 30d

    Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IGV+3.24%-1.46%base+1.99%after closeafter closeafter close
TIP+0.74%+0.94%base-0.05%after closeafter closeafter close
MSFT+4.29%-0.49%base-2.16%after closeafter closeafter close
WMT+2.97%-0.02%base-1.30%after closeafter closeafter close
COST-1.85%-1.20%base+1.05%after closeafter closeafter close
ORCL+4.94%-1.60%base+7.42%after closeafter closeafter close
PG-0.74%-1.92%base-0.99%after closeafter closeafter close
CRM+6.40%+0.08%base+1.20%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook TradingView

Source: TradingView

Ishares Tr (IGV) since this story, compared with the market

CompanyWhenMoveStatus
Costco Wholesale (COST)that day+1.05%still updating
Costco Wholesale (COST)three days earlier-1.20%final price
Costco Wholesale (COST)five days earlier-1.85%final price
Salesforce (CRM)that day+1.20%still updating
Salesforce (CRM)three days earlier+0.08%final price
Salesforce (CRM)five days earlier+6.40%final price
Ishares Tr (IGV)that day+1.99%still updating
Ishares Tr (IGV)three days earlier-1.46%final price
Ishares Tr (IGV)five days earlier+3.24%final price
Microsoft (MSFT)that day-2.16%still updating
Microsoft (MSFT)three days earlier-0.49%final price
Microsoft (MSFT)five days earlier+4.29%final price
Oracle (ORCL)that day+7.42%still updating
Oracle (ORCL)three days earlier-1.60%final price
Oracle (ORCL)five days earlier+4.94%final price
Procter & Gamble (PG)that day-0.99%still updating
Procter & Gamble (PG)three days earlier-1.92%final price
Procter & Gamble (PG)five days earlier-0.74%final price
Ishares Tr (TIP)that day-0.05%still updating
Ishares Tr (TIP)three days earlier+0.94%final price
Ishares Tr (TIP)five days earlier+0.74%final price
Walmart (WMT)that day-1.30%still updating
Walmart (WMT)three days earlier-0.02%final price
Walmart (WMT)five days earlier+2.97%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (IGV)

Companies carried with this story

  • IGV Ishares Tr

    Ishares Tr (IGV) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook.” Reason on file: iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story

  • TIP Ishares Tr

    For “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • MSFT Microsoft

    In “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

  • WMT Walmart

    In “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • COST Costco Wholesale

    In “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Costco Wholesale (COST) is linked, with no stored direction, medium confidence. Reason on file: Costco Wholesale (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • ORCL Oracle

    Oracle (ORCL) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook.” Reason on file: Oracle (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

  • PG Procter & Gamble

    For “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Procter & Gamble (PG) is linked, with no stored direction, medium confidence. Reason on file: The Procter & Gamble (soap, detergents, cleang preparations, perfumes, cosmetics): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

  • CRM Salesforce

    In “KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook,” Salesforce (CRM) is linked, with no stored direction, medium confidence. Reason on file: Salesforce (prepackaged software): software firms move with business tech spending. Linked by “cloud” (software) in this story

Ishares Tr (IGV)

“KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook” (11 Nov 2026) reaches Ishares Tr (IGV) through this story.

Ishares Tr (IGV) is on the page because iShares Expanded Tech-Software ETF: it holds software companies. Linked by “cloud” (software) in this story

Ishares Tr (TIP) is here too. Its reason reads: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

The price range for Ishares Tr (IGV), and the dates in the story

IGV traded between 108.83 and 112.61 across 4 sessions. The latest close on file is 112.59. MSFT traded between 505.00 and 559.14 across 20 sessions. The latest close on file is 533.18. TIP traded between 103.77 and 105.61 across 16 sessions. The latest close on file is 105.27.

How strong the case is around Ishares Tr (IGV)

46 out of 100Price not final

“KPT: Q3 growth continued, while inflation and trade uncertainty cloud the outlook” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.