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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 ...
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.
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 projects $1B in tariff costs, plans supply chain shift from China and price hikes. CEO Elliott Hill outlines turnaround strategies for growth.
Nike delays the release of its new activewear line with Kim Kardashian By Jordan Valinsky, CNN 2 minute read Published 6:47 AM EDT, Fri June 20, 2025 ...
This week Nike announced a forthcoming Air Max loafer that’s already listed for resale at more than $500. If Nike wants to reclaim its premium position, it will need more than hype — it’ll ...
NKE Price Action: Nike stock was down 0.9% to $60.83 on Wednesday versus a 52-week trading range of $52.28 to $94.74. Nike stock is down 17.7% year-to-date in 2025. Read Next: ...
Nike is projected to report a 15% drop in quarterly revenue from the same time last year to $10.72 billion. Earnings per share are also expected to have dropped to $0.12 from $0.99 a year ago.
Nike kicked off the re-launch of the Vomero line back in February with the Vomero 18, and now the Premium and Plus models are set to follow this August and October, respectively.
Nike NKE 3.17% said it expects the decline in its sales and margins to slow in the current quarter as it continues to clear aged inventory and crank up marketing as its turnaround strategy progresses.