Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing its reliance on China.

Nike (NKE) stock soared on Friday after the sneaker giant said its profit and sales declines would narrow in the current quarter, while costs from tariffs are expected to approach $1 billion as ...

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

Shares in Nike (NYSE: NKE) were trading much higher this morning despite bad news during its most recent earnings report. Here's why.

Nike said Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by ...

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

Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter ...

Nike’s SNKRS Showcase just lit up 2025—here’s every basketball sneaker and where to get them.

Nike posted better-than-expected results for its fiscal fourth quarter as the company works on its turnaround plan, sending shares higher in extended trading Thursday.

Business Nike announces new turnaround push, hints at layoffs as sales plunge 12% Updated: Jun. 26, 2025, 5:14 p.m. | Published: Jun. 26, 2025, 2:07 p.m.

BEAVERTON, Ore., June 26, 2025--NIKE, Inc. (NYSE:NKE) today reported financial results for its fiscal 2025 fourth quarter and full year ended May 31, 2025.