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Nike warned on its post-earnings call that if President Donald Trump’s tariff policies were to remain at their current level, they could cost the company nearly $1 billion.
Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...
Nike warned that tariffs imposed by President Donald Trump will cost the company about $1 billion as it looks to make ...
“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Nike announced Thursday that it expects to incur $1 billion in additional costs due to tariffs imposed by President Donald ...
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
Leading companies such as Nike, Walmart, and Shein are indicating that new tariffs imposed by President Donald Trump are ...
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it ...