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Nike Stock Surges

Nike forecasts turnaround from dismal Q4 despite tariffs

Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff costs on foreign goods of its sneakers and athletic gear.

Investopedia on MSN · 23h

Nike Stock Surges as Q4 Results Show Turnaround Plan Progressing

Key TakeawaysNike shares surged 15% Friday after the shoe and athletic apparel maker beat estimates for the fourth quarter.Sales and profit fell less than expected year-over-year as new CEO Elliott Hill's turnaround plan progresses.

The Financial Times · 1d

Nike shares surge on signs turnaround is paying off

Nike’s shares surged 15 per cent on Friday - a historic daily jump - on growing investor confidence that the sportswear maker’s turnaround plan is finally starting to pay off. In a call with analysts after the stock market closed on Thursday,

Nike faces $1bn Trump tariff hit

USA TODAY on MSN · 16h

Nike announces 'surgical price increase' to mitigate $1 billion hit from Trump tariffs

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.

BBC on MSN · 1d

Nike says Trump tariffs could raise its costs by $1bn

Company executives say the sportwear giant will cut its reliance on producing goods in China to ease the impact of US trade policies.

Investopedia on MSN · 1d

Nike Expects To Take $1B Hit From Trump's Tariffs, CFO Says

The Trump administration’s tariffs could cost Nike (NKE) $1 billion if left at current levels, according to the sportswear giant's CFO. “These tariffs represent a new and meaningful cost headwind,” Matt Friend said during the company’s earnings conference call Thursday,

ET BrandEquity1h

Nike tops Q4 sales, profit estimates as CEO doubles down on sports focus

Sales: Nike's fourth-quarter revenue witnessed a smaller drop than anticipated. The company surpassed profit expectations.

Barchart on MSN19h

Nike Gains After Q4 Earnings, Will NKE Stock Continue to Sprint Ahead?

Nike’s efforts to reduce discounting, streamline inventory, and diversify its supply chain are early but promising signs of a ...

15h

Nike Q4 FY25: The Turnaround Narrative Begins Now?

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

9hon MSN

Why Nike stock is soaring despite a looming billion-dollar tariff hit and its CEO saying sales are ‘not up to the Nike standard’

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

ADWEEK on MSN22h

Nike Readies ‘Sport Offense' as Q4 Revenue Falls 12%

Nike CEO Elliott Hill plans to shift the brand from lifestyle marketing to a sport-first strategy focused on athlete-driven ...

1don MSN

Nike plans to reduce reliance on China production for US market to soften tariff blow

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 ...

17hon MSN

Nike revenue is way down. Here’s why

Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like ...

19hon MSN

Nike’s stock is headed for a ‘swoosh’-shaped recovery after years of pain, analyst says

Nike has endured a tough few years marked by weaker demand and its own struggles to adapt to shifting trends. While the ...

Will Q4 Results Move Nike's Stock Up?

Historically, NKE stock has decreased 65% of the time after earnings announcements, with a median one-day drop of 6.8% and a ...

20h

Nike rallies on efforts to tackle tariff costs as turnaround takes shape

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

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