Nintendo just got a nice boost from tariff refunds

Nintendo's earnings got an unexpected boost from US tariff refunds in the latest quarter. Philip Fong/AFP/Getty Images Some companies are getting an unexpected lift from billions of dollars in returned US tariffs. Nintendo recorded a $300 million tariff refund. The refunds are lifting profits and margins, but analysts warn the benefits are unlikely to last. An unusual boost is showing up in some corporate earnings this summer: tariff refunds. Nintendo became the latest beneficiary of the…