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Nike faces $1 billion tariff hit as sales decline continues. Company plans price hikes and production cuts while launching ...
Stock and bond markets will close early on Thursday and remain closed all day Friday for the Independence Day holiday. The U.S. jobs report, scheduled for release on Thursday, leads several labor ...
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
Shares of the sportswear giant climbed 15% in morning trading. Some analysts said the company’s slump could soon be over.
Nike shares surged in premarket trading Friday after the shoe and athletic apparel maker beat estimates for the fourth ...
Midday trading featured some of Wall Street’s biggest movers, led by Nike, whose shares jumped 17%. Power generation ...
Nike Inc.'s stock soared 15 percent and closed at $72.04 per share on Friday, one day after president and chief executive ...
Nike, Inc.'s Q4 results show early progress with inventory stabilization and renewed strategies, sparking optimism. Click for ...
Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
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