Nike (NKE) shows progress in its turnaround with inventory cuts & focused growth strategies. Wall Street eyes recovery ...

Nike has admitted that tariffs will represent a billion dollar hit but claims that the worst is behind it as its turnaround plan takes shape with a refocus on wholesale.

Nike's shares rose 10% as it announced a strategic shift from China production and forecasted a better performance. With new ...

Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the ...