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Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
U.S. stocks closed at an all-time high, another milestone in a remarkable recovery from a springtime plunge caused by fears ...
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
Nike plans big sourcing changes and forecasts a revenue dip, but it’s not all bad news. Here's what the sportswear giant is ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
The world's largest shoe company on Thursday said that current tariffs in place could lead to an additional cost increase of ...
NIKE’s China business, which is commonly referred to as Greater China, delivered revenues of $1.7 billion in third-quarter fiscal 2025, contributing about 15% to total revenues.
WTA World No. 7 Qinwen Zheng is a major part of Nike's plans for women's tennis. Zheng is the face of Nike Tennis in China and has a growing presence in the North American market.. Nike even had ...
On April 2, Trump announced “reciprocal” tariffs that included 46% on Vietnam, 32% on Indonesia and 34% on China. The next trading day, Nike’s shares fell 14%, wiping out $14 billion in ...
Nike Inc. (NYSE:NKE) shares slid 12% since April tariff headlines, underperforming the S&P 500. Despite this, BofA maintains a Buy rating, citing manageable tariff risks and streamlined inventory ...