MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty
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Q3 sales rose 6% and diluted EPS reached $12.29; 9M organic local-currency sales grew 4%. Results included a net tariff-refund benefit, while Chinese Operations led Q3 segment growth and geopolitical and tariff uncertainty remained.Original document: Mettler-Toledo
Directly affected
- MTD Mettler Toledo International Inc/+13.7% 30d
Named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.
- FXI iShares China Large-Cap ETF-5.1% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“chinese”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.
- CAT Caterpillar-26.6% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- DE Deere-1.1% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
- NKE Nike+6.7% 30d
Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MTDNo price data for this ticker | — | — | — | — | — | — | — |
| XLI | +3.03% | +5.45% | base | +0.22% | after close | after close | after close |
| XRT | -2.55% | -2.49% | base | -0.31% | after close | after close | after close |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| CAT | +12.53% | +12.71% | base | +1.24% | after close | after close | after close |
| DE | +1.76% | +0.35% | base | +1.07% | after close | after close | after close |
| WMT | -3.29% | -2.27% | base | -2.09% | after close | after close | after close |
| NKE | -2.20% | -2.74% | base | -1.59% | after close | after close | after 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.
MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty TradingView
Source: TradingView
How far Select Sector Spdr Tr (XLI) has moved since 6 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Caterpillar (CAT) | that day | +1.24% | still updating |
| Caterpillar (CAT) | three days earlier | +12.71% | final price |
| Caterpillar (CAT) | five days earlier | +12.53% | final price |
| Deere (DE) | that day | +1.07% | still updating |
| Deere (DE) | three days earlier | +0.35% | final price |
| Deere (DE) | five days earlier | +1.76% | final price |
| Nike (NKE) | that day | -1.59% | still updating |
| Nike (NKE) | three days earlier | -2.74% | final price |
| Nike (NKE) | five days earlier | -2.20% | final price |
| Walmart (WMT) | that day | -2.09% | still updating |
| Walmart (WMT) | three days earlier | -2.27% | final price |
| Walmart (WMT) | five days earlier | -3.29% | final price |
| Select Sector Spdr Tr (XLI) | that day | +0.22% | still updating |
| Select Sector Spdr Tr (XLI) | three days earlier | +5.45% | final price |
| Select Sector Spdr Tr (XLI) | five days earlier | +3.03% | final price |
| Spdr Series Trust (XRT) | that day | -0.31% | still updating |
| Spdr Series Trust (XRT) | three days earlier | -2.49% | final price |
| Spdr Series Trust (XRT) | five days earlier | -2.55% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 39 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 35 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 39 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 42 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 70 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 71 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 77 days before publication. Filed 8 Oct 2026. View the filing.
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 Select Sector Spdr Tr (XLI)
Companies mentioned with this story
- XLI Select Sector Spdr Tr
In “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty,” Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence. Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- XRT Spdr Series Trust
Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty.” Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
- CAT Caterpillar
Caterpillar (CAT) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty.” Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- DE Deere
Deere (DE) is linked, with no stored direction, medium confidence in the 6 Nov 2026 story “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty.” Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- WMT Walmart
In “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
- NKE Nike
In “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty,” Nike (NKE) is linked, with no stored direction, medium confidence. Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story
Select Sector Spdr Tr (XLI)
The 6 Nov 2026 story “MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty” names Select Sector Spdr Tr (XLI) because of this story.
What ties Select Sector Spdr Tr (XLI) to the headline is this: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
Also listed, Spdr Series Trust (XRT): SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story
The price range for Select Sector Spdr Tr (XLI), and the dates in the story
CAT traded between 582.60 and 821.60 across 20 sessions. The latest close on file is 591.16. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 169.73.
What the saved facts support for Select Sector Spdr Tr (XLI)
46 out of 100Price not final
“MTD: Q3 growth and higher EPS benefited from a one-time tariff refund amid continued uncertainty” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.