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Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...
The Standard & Poor's 500 and Nasdaq Composite on Friday rose to record highs nearly three months after plunging to bearish ...
While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...
The S&P 500 gained 0.5% on Friday, June 27, 2025, reaching an all-time closing high as officials confirmed a trade framework between the U.S. and China.
Midday trading featured some of Wall Street’s biggest movers, led by Nike, whose shares jumped 17%. Power generation ...
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’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like ...
At the same time, the brand is restructuring teams around key sports and touted “significant progress” on rightsizing its ...
Nike reported a sharp 86% drop in profit for its fiscal fourth quarter, with net income plunging to $211 million from $1.5 ...