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Nike Takes Billion Dollar Tariff Hit But Predicts Hard Yards Behind It
Nike has admitted that tariffs will represent a billion dollar hit but claims that the worst is behind it as its turnaround plan takes shape with a refocus on wholesale.
S&P 500, Nasdaq eye records, China trade deal near, Nike stock soars: Live Updates
The S&P 500 and Nasdaq are close to notching fresh records as investors dial back worries over the tariffs and the trade war ...
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 ...
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Nike's Strategic Shift: A Turnaround Triumph Amid Trade Tensions
Nike's shares rose 10% as it announced a strategic shift from China production and forecasted a better performance. With new ...
Nike shares jump on improved outlook, shift from China; analysts see recovery
Nike shares jump 10% on upbeat Q1 forecast, efforts to reduce China reliance, and signs of recovery despite ongoing margin ...
Nike’s outlook wakes up its stock. But execs still see a long road to full recovery.
Nike Inc. on Thursday reported fourth-quarter results that weren’t as bad as Wall Street expected, but the financials weren’t ...
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 stock slips after profits, sales drop, company says results 'not where we want them to be'
Nike ( NKE) stock fell more than 1% in extended trade on Thursday following the company's fiscal fourth quarter earnings that ...