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Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing its reliance on China.
Shares in Nike (NYSE: NKE) were trading much higher this morning despite bad news during its most recent earnings report. Here's why.
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 Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by ...
Nike Q4 Earnings: Revenue Beat, EPS Beat, Headwinds Expected To Moderate Moving Forward, Company Playing 'Sport Offense' ...
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter ...
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Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S. starting this fall.
BEAVERTON, Ore., June 26, 2025--NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2025 fourth quarter and full year ended May 31, 2025.
Nike reported its fiscal Q4 results yesterday, and the market is strongly bullish on the results. The company's sales and earnings both saw big declines last quarter, but the numbers were better ...
Looking at the earnings estimates from analysts and key items to watch in Nike's Q4 financial results.
Nike shares jumped 15% Friday, a day after the athletic apparel giant topped fiscal fourth-quarter estimates.