Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.

Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...

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

Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...

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.

While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...

“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...

At the same time, the brand is restructuring teams around key sports and touted “significant progress” on rightsizing its ...