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.

The Trump administration’s tariffs could cost Nike $1 billion if left at current levels, according to the company's CFO.

NEW YORK] Who’s paying for US President Donald Trump’s tariffs? So far, American businesses and consumers. Read more at The ...

(Reuters) -German sportswear brand Puma revised its 2025 full-year financial outlook on Thursday, citing weaker-than-expected ...

Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...

General Motors Co. is the latest U.S. company to disclose how tariffs are raising costs, with the automaker saying that the duties dented profits by more than $1 billion.

Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year. unbranded - Newsworthy unbranded - Newsworthy. More Videos.

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

Nike reported better-than-expected fiscal fourth-quarter earnings and revenue. The company expects tariffs will cost it $1 billion in the current fiscal year before price increases and supply ...

Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like China, inventory issues and competition.

According to CNBC, Nike is bracing itself for some rocky times after taking a big financial hit in their fiscal fourth quarter, and that was before Trump tariffs went into effect.Now that they ...

New York (CNN) — 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.