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In October 2024, S&P revised its outlook on Nike to negative due to revenue and profitability declines. It subsequently ...
adidas and Nike face macro headwinds, but adidas leads in returns with lower tariff risk, while Nike offers better value. Learn why ADDYY and NKE stocks are a hold.
President Donald Trump’s widespread tariffs will likely cost Oregon sportswear giant Nike $1 billion, company officials said in their latest earnings call.
Nike said it expects tariffs to increase its costs by $1 billion this fiscal year. The company said it plans to pass through some of these costs with “surgical” price increases on its product ...
Nike, Adidas, and Columbia Sportswear urge Trump for tariff exemptions, warning of price hikes and manufacturing issues in the footwear industry.
Nike joins companies like Walmart, Target and Mattel that have said they will need to raise prices because of tariffs.
Nike reported a smaller-than-expected drop in fourth-quarter revenue and beat profit estimates. REUTERS China, subject to the biggest tariff increases imposed by Trump, accounts for about 16% of ...
Nike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs.
More than 80 leading US footwear companies, including Nike, Adidas, and Skechers, addressed a letter to Trump urging him to protect their goods from tariffs.
Nike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs.