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 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's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. Nike is not the first retail company to warn of price hikes when students are ...

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 ...

Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff costs on foreign goods of its sneakers and athletic gear.

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

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 ...

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.