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Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...
Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China ...
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.
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 surged as it announced a shift in production away from China to avoid tariffs. The company foresees a USD 1 ...
FedEx came out last week and didn’t report future guidance because of tariffs. Nike imports its sneakers from abroad, so tariffs will play a big role. Charts & Data Courtesy of MarketSurge Inc.
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