More 4imprint Group plc (LON:FOUR)

Investor relations update

A quick note to say that I asked 4imprint’s investor relations if the company will be impacted by the withdrawal of the de minimis exemption as discussed in today’s earlier article. The answer is no, they will not because their Tier 1 suppliers are based in the US and they bring container loads of blank products into the US. Tier 2 and Tier 3 suppliers are typically based overseas and provide the blank products to the Tier 1 supplier base.

I should have checked this out previously and it again changes my perspective on the company. 4imprint has been outperforming in a market where at least some of its competitors have been taking advantage of the de minimis exemption which underscores the strength of the company’s business model.

I’m now inclined to take more time to consider and so no longer intend to sell sometime after next Thursday as stated in my prior post.