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Nike Faces $1 Billion Trump Tariff Blow, Plans 'Surgical' Price Hikes Starting Fall 2025 To Offset Impact
The tariff challenge comes as Nike reported mixed fourth-quarter results, with revenue of $11.1 billion beating estimates of $10.72 billion despite a 12% year-over-year decline. Earnings per share of $0.14 exceeded forecasts of $0.12 by 16.67%.
Nike Inc. on Thursday reported fourth-quarter results that weren’t as bad as Wall Street expected, but the financials weren’t ...
Nike just flagged a potential $1 billion hit from U.S. tariffs on Chinese importseven as it smashed May sales records and ...
The S&P 500 and Nasdaq are close to notching fresh records as investors dial back worries over the tariffs and the trade war ...
Nike is set to report its fiscal fourth quarter earnings after market close today, and Wall Street is bracing for more poor ...
Nike (NKE) shows progress in its turnaround with inventory cuts & focused growth strategies. Wall Street eyes recovery ...
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Nike expects US tariffs on imports to add around US$1 billion to its costs, the sportswear giant said on Thursday, detailing how it aims to reduce its reliance on production in China and mitigate ...
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