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.

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 (NKE) stock soared on Friday after the sneaker giant said its profit and sales declines would narrow in the current quarter, while costs from tariffs are expected to approach $1 billion as ...

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 is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S. starting this fall.

Shares of athletic apparel brand Nike (NYSE:NKE) jumped 16.1% in the morning session after the company reported fiscal fourth-quarter 2025 results that beat Wall Street's expectations and outlined ...

Nike posted better-than-expected results for its fiscal fourth quarter as the company works on its turnaround plan, sending shares higher in extended trading Thursday.

Nike shares jumped 15% Friday, a day after the athletic apparel giant topped fiscal fourth-quarter estimates.

Nike has unveiled the Vomero Premium and Vomero Plus road running shoes designed to aid in recovery.

Sportswear brand Nike will provide the Visma-Lease a Bike team with lifestyle apparel starting from the Tour de France, with WielerFlits revealing their involvement after spotting the Nike Swoosh ...

Nike has unveiled two new additions to its Vomero road-running shoe franchise: the Vomero Premium and the Vomero Plus, with both shoes focused on offering a cushioned and comfortable running ...