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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 said it expects tariffs to increase its costs by $1 billion this fiscal year. The company said it plans to pass through some of these costs with “surgical” price increases on its product ...
The Nike Kobe 5 Protro 'Caitlin Clark' colorway drops at 10:00 a.m. EST on Monday, June 30. Online shoppers can buy the basketball shoes for $190 in adult sizes on the Nike SNKRS app and at select ...
On social media, Nike wrote: “When @caitlinclark22 laces her new Kobe 5 Protro PE, she steps into a new dimension. Noise fades, focus hits, and all that’s left is her drive to dominate.
Nike’s fourth-quarter sales fell 12% to $11.10 billion, compared with analysts’ expectation of a 14.9% drop to $10.72 billion, according to data compiled by LSEG.
Nike and adidas are both leaning into their catalogs with retro apparel, but which brand has the better collection for Wimbledon 2025?
Nike is taking action to combat the company's estimated $1 billion hit from President Donald Trump's tariffs, including “a surgical price increase” in the U.S. set to begin this fall. The news ...
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 stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he expects a better fiscal year ahead, albeit one that begins with a tariff ...
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. At the ...