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

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

Nike shares surged 13.3% on Friday as an encouraging forecast on the back of its turnaround effort and plans to reduce China ...

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

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

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

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

The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...

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

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