Nick Martell

But sorry, Jack, I'm doing the math here.

That's only two companies out of 330,000 companies that paid these tariffs and want refunds.

And none of the 25 CFOs surveyed by CNBC plan to hook us up with the refunds.

Hey, Abercrombie, where's my cute top refund, guys?

Because while us consumers are ethically owed them since we ultimately paid them, we're not legally owed the refunds.

So right now Adidas is looking at Puma and being like, I won't refund if you don't.

And Nike's like,

I won't refund either, guys.

Yeah, because once one of them does, then it puts the pressure on the other ones to do it too.

Awkward.

So Jack, what's the takeaway for our Refundapalooza buddies wondering about the tariff refunds?

The tariff refund is the best marketing campaign that nobody's doing.

Okay, Yetis, grab a pen, grab a paper.

This is our thought.

Give the refunds back to consumers and enjoy the best marketing ROI there is.

What better message right now than come into the Gap this weekend and get 20 bucks on us.

It's your tariff refund.

And Jack, if I know the American consumer like I know the American consumer, then I know that they're going to spend way more than 20 bucks once they get into that Gap store.

They'll spend 200 bucks.

They'll be grateful American taxpaying tariff recipient Americans.