Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.

Nike reported a smaller-than-expected drop in fourth-quarter revenue and beat profit estimates. REUTERS. China, subject to the biggest tariff increases imposed by Trump, accounts for about 16% of ...

Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. Nike is not the first retail company to warn of price hikes when students are ...

Nike projects $1B in tariff costs, plans supply chain shift from China and price hikes. CEO Elliott Hill outlines turnaround strategies for growth.

Nike, Inc.'s fiscal Q4 results were better than feared, signaling early progress but not a full turnaround; the stock rallied on improved sentiment. Management acknowledged past missteps and is ...

Nike (NKE 15.28%) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET.

Nike reports Q4 financial results June 26. A look at the key earnings estimates from analysts and key items to watch. Geopolitical tensions, Fed uncertainty, and fast-moving headlines are driving ...

Nike is projected to report a 15% drop in quarterly revenue from the same time last year to $10.73 billion. Earnings per share are also expected to have dropped to $0.13 from $0.99 a year ago.

Nike’s shares surged 15 per cent on Friday - a historic daily jump - on growing investor confidence that the sportswear maker’s turnaround plan is finally starting to pay off.

Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff costs on foreign goods of its sneakers and athletic gear.

Nike says Trump tariffs could cost it $1bn. Company says work to bring down costs is under way, including reducing supplies from China to the United States. Friday 27 June 2025 12:33, UK.