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Nike rallies on efforts to tackle tariff costs

Nike forecasts turnaround from dismal fourth quarter despite tariffs

Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on foreign goods of its sneakers and athletic gear. The company, headquartered in Beaverton,

Reuters on MSN · 1d

Nike rallies on efforts to tackle tariff costs as turnaround takes shape

Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China production for U.S.-bound goods bolstered investor confidence.

Philippine News Agency · 6h

Nike expects $1-B cost from Trump tariffs

American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to tariffs imposed under the US’ Trump administration, as the company seeks to shift production away from China.

Nike soars on a production shift away from China

The Washington Post · 1d

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 also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

The Associated Press on MSN · 1d

Nike shares soar on its production shift away from China, but 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 also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes, which include “surgical” price increases in the U.S. starting this fall.

ABC News on MSN · 1d

Nike warns Trump tariffs could cost nearly $1 billion

Nike warned on its post-earnings call that if President Donald Trump’s tariff policies were to remain at their current level, they could cost the company nearly $1 billion.

1don MSN

Nike says its tariff bill is $1 billion

Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the ...

Nike warns ‘surgical’ price increases are coming soon

Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company tries to reduce the impact of new fees on its manufacturing operations in ...

2don MSN

Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs

Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...

2don MSN

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 ...

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 ...

2don MSN

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 ...

2don MSN

Nike’s Earnings Were Ugly. But They’re Better Than Feared.

Nike’s fiscal fourth quarter was a rough one, but results were slightly better than feared. Nike’s sales in the quarter ended ...

Families, businesses worry about the effect of tariffs on youth sports

For families like the Casamentos and businesses in the marketplace, there is continued uncertainty surrounding the possible ...

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