Nike faces $1 billion tariff hit as sales decline continues. Company plans price hikes and production cuts while launching ...

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 ...

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 ...

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

Nike, Inc.'s Q4 results show early progress with inventory stabilization and renewed strategies, sparking optimism. Click for ...

Near the end of the call, Hill said Nike will “evaluate corporate cost reduction as necessary,” a result of slower recovery ...

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

Nike investors finally have an answer from CEO Elliott Hill about how long its turnaround plan will take, boosting confidence ...

Nike has consistently exceeded options traders' volatility estimates, as reflected in its Schaeffer’s Volatility Scorecard ...

NIKE Direct, the company's direct-to-consumer business, saw revenue plunge by 14% year over year, largely due to a 26% drop in digital sales. Wholesale revenue was down 9%, and Converse revenue ...