Foot Locker FL.N, a major Nike retailer, disclosed in its earnings March 5 that promotional pressures would hurt its profit margins in the year ahead. This signaled the impact of discounts ...

Nike NKE-1.55%decrease; red down pointing triangle posted lower profit and sales in its latest quarter, as the company stepped up discounts to clear inventory in the early days of a turnaround ...

Nike tariffs spark $10 billion market value loss after Trump's new trade measures disrupt global supply chains.

Nike's declining sales, especially in China, and strategic shift to D2C sales have led to significant market share loss and profit margin compression. Despite attempts to address issues through ...

Nike actually beat analyst estimates in the quarter, but that was little consolation to investors amid the declines in revenue and profit, and its guidance also called for its performance to get ...

Companies like Nike, Adidas, and Lululemon are facing a tough choice: either raise prices by about 40% to offset tariff costs, potentially leading to a drop in sales, or absorb the increased costs, ...

Nike shares erased an earlier loss to gain as much as 5.9%, while On Holding AG and Skechers USA Inc. also rose more than 6% ...

Nike shares fell by 12 percent today and are ... “It’s not a pretty picture for profit managers.” For now, sneaker companies are still digesting the impacts of the new levies.

Prices of Nike Jordan and Adidas Samba sneakers are ... It’s not a pretty picture for profit margins." Reporting by Isabel Demetz, Helen Reid, Linda Pasquini, Ananya Mariam Rajesh and Aishwarya ...

The tariffs triggered broad selloffs, dragging the S&P 500 to its worst weekly loss since the pandemic's onset in 2020. Stocks tumbled Thursday and Friday, with tech and consumer names especially ...