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 reported a smaller-than-expected drop in fourth-quarter revenue and beat profit estimates. REUTERS. China, subject to the biggest tariff increases imposed by Trump, accounts for about 16% of ...

The Nike Kobe 5 Protro 'Caitlin Clark' colorway drops at 10:00 a.m. EST on Monday, June 30.Online shoppers can buy the basketball shoes for $190 in adult sizes on the Nike SNKRS app and at select ...

Nike, Inc.'s fiscal Q4 results were better than feared, signaling early progress but not a full turnaround; the stock rallied on improved sentiment. Management acknowledged past missteps and is ...

Nike projects $1B in tariff costs, plans supply chain shift from China and price hikes. CEO Elliott Hill outlines turnaround strategies for growth.

Nike (NKE 15.28%) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET.

Nike customers can expect increased prices as the sportswear giant grapples with a $1 billion hit in the wake of new tariffs. Nike’s chief financial officer has warned of a “surgical price ...

Nike kicked off the re-launch of the Vomero line back in February with the Vomero 18, and now the Premium and Plus models are set to follow this August and October, respectively.

Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’ Nino Paoli Updated June 27, 2025 at 6:29 PM ...

The eagerly anticipated collaboration between Kim Kardashian and Nike has delayed its launch. NikeSkims, which was announced in February for a spring release, is pushing back its launch date ...

Nike is projected to report a 15% drop in quarterly revenue from the same time last year to $10.73 billion. Earnings per share are also expected to have dropped to $0.13 from $0.99 a year ago.

Faith Kipyegon, from Kenya, approaches the finish line in her attempt to become the first woman to run a mile in under four minutes, at Stade Charléty in Paris, Thursday, June 26, 2025.