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Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.
“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...
Nike warned on its post-earnings call that if President Donald Trump’s tariff policies were to remain at their current level, ...
While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
The tariff challenge comes as Nike reported mixed fourth-quarter results, with revenue of $11.1 billion beating estimates of ...
The Trump administration’s tariffs could cost Nike $1 billion if left at current levels, according to the company's CFO.
The sportswear giant recently warned it would raise prices on some trainers and clothing in the US to counter rising tariffs.
Company executives say the sportwear giant will cut its reliance on producing goods in China to ease the impact of US trade policies.
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