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Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’
Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...
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 ...
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 ...
US stocks hit all-time high just months after plunging on tariff fears
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
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 ...
Nike to cut China reliance to ease tariff hit, sending shares soaring
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from Washington's ...
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 ...