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Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
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 stock surges as company forecasts smaller sales, profit drops while tariff costs near $1 billion
Wall Street cheered some signs of a turnaround at Nike in its latest quarterly earnings report released late Thursday.
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 ...
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Nike soars on production shift away from China, but it warns of USD 1 billion tariff hit
Nike reports a significant shift in production away from China, leading to a surge in stock price. However, the company warns ...
Three takeaways from Nike’s worst annual earnings report in decades
Near the end of the call, Hill said Nike will “evaluate corporate cost reduction as necessary,” a result of slower recovery ...
Nike outlines $1B tariff headwind mitigation while advancing sport offense strategy for FY26
Q4 2025 Management View CEO Elliott J. Hill stated that "the results we're reporting today in Q4 and in FY '25 are not up to ...