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Nike forecasts turnaround from dismal fourth quarter despite tariffs
Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...
Nike says its tariff bill is $1 billion
Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the ...
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Nike expects $1-B cost from Trump tariffs
American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...
Nike warns ‘surgical’ price increases are coming soon
Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company tries to reduce the impact of new fees on its manufacturing operations in ...
Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs
Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Nike rallies on efforts to tackle tariff costs as turnaround takes shape
Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China ...
Trump tariffs hit Nike hard, force ‘surgical price increase’ on consumers
“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...
Nike warns of whopping $1B hit from tariffs — but shares jump on upbeat sales forecast
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
Nike says Trump’s tariffs to add $1 billion to costs
Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.