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

“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...

Nike warned on its post-earnings call that if President Donald Trump’s tariff policies were to remain at their current level, ...

Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...

Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.

American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...

While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...

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.

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

The sportswear giant recently warned it would raise prices on some trainers and clothing in the US to counter rising tariffs.