Stockpeeker, I know the DAAT story and have spoken with David Collins, CEO of the company, about this issue a month ago. He wasn't too concerned and expected the Yuan to move up in a gradual fashion against the dollar, way before this announcement.
These cost increases for DAAT will be passed on to the US consumer, but DAAT's products are already much cheaper vs their competition.
I doubt that it will impact the buying decision very much.
I'm sure that it will be perceived as a negative by investors and will restrain some buyers of DAAT stock right now....but a decent earnings report and strong growth outlook will pull them back in.
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