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Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like ...
Nike (NKE) stock soared early 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 the ...
Nike expects US tariffs on imports to add around $1 billion to its costs, the sportswear giant said on Thursday, detailing ...
Shares of the sportswear giant climbed 15% in morning trading. Some analysts said the company’s slump could soon be over.
Nike said it would cut its reliance on production in China for the US market to mitigate the impact from US tariffs on ...
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and ...
Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company ...
Nike plans to reduce its dependence on Chinese production to counteract U.S. tariffs, anticipating a smaller decline in ...
Nike expects U.S. tariffs on imports to add around $1 billion to its costs, the sportswear giant said on Thursday, detailing ...