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

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

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.

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

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

The tariff challenge comes as Nike reported mixed fourth-quarter results, with revenue of $11.1 billion beating estimates of ...

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

The sportswear giant, the world's largest athletics brand by sales, said it plans to cut production in China to try and ...

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

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...