HB Fuller (FUL) says that even if the conflict ends quickly, it expects supply-chain aftershocks and elevated volatility to persist throughout 2026; management reports significant constraints and has received over 40 force majeure letters

HB Fuller (FUL) is signaling that supply-chain disruptions and heightened volatility are likely to persist even if the current conflict resolves swiftly, a reflection of ongoing operational challenges. The mention of over 40 force majeure letters indicates significant constraints that could hinder production and delivery, suggesting underlying risks to their revenue outlook. This could affect market sentiment towards the stock and potentially prompt reevaluation of growth forecasts for the sector.