Nike says Trump tariffs could cost it $1bn

07:34am, Friday, 27'th Jun 2025
Nike's costs will go up $1bn (£728m) this year if US President Donald Trump's tariffs remain at the current level, the company has told investors.
Nike says tariffs could add around $1 billion to its costs this trading year as it looks to reduce its reliance on Chinese production in a bid to offset the impact of President Trump's trade policy.
Michael Binetti, Evercore ISI research analyst, joins 'Squawk Box' to discuss Nike's quaterly earnings results.
Nike beat low expectations in FQ4. Management flagged new tariffs as a $1B cost headwind but outlined mitigation strategies, boosting investor confidence and premarket shares by 10%.
Shares of Nike surged as much as 10% in premarket trading on Friday after the company offered a more optimistic first-quarter revenue forecast and outlined strategic measures to reduce its dependence
Banking giant HSBC has issued a bullish revision on Nike (NYSE: NKE) stock following the sportswear manufacturer's latest earnings report.

JD Sports shares jump on Nike rebound hopes

03:34am, Friday, 27'th Jun 2025
Shares in JD Sports Fashion PLC (LSE:JD.) climbed as much as 7.5% in early trading on Friday, buoyed by signs that Nike Inc (NYSE:NKE, ETR:NKE), the UK retailer's key partner, may have turned a corner
Nike shares surged 10% in premarket trading on Friday as an encouraging forecast and plans to reduce China production for U.S.-bound goods bolstered confidence in an ongoing turnaround effort at the s
Nike (NKE) shares were up roughly +3% on Thursday ahead of results for its fiscal fourth quarter, which it released after the closing bell.

NIKE, Inc. (NKE) Q4 2025 Earnings Call Transcript

08:20pm, Thursday, 26'th Jun 2025
NIKE, Inc. (NYSE:NKE ) Q4 2025 Earnings Conference Call June 26, 2025 5:00 PM ET Company Participants Elliott J. Hill - CEO, President & Director Matthew Friend - Executive VP & CFO Paul Trussell - VP
Nike plans to raise prices to offset $1 billion in additional tariff costs in fiscal year 2026. The company aims to reduce reliance on China, which makes up 16% of its US footwear imports.
The sportswear giant said it would cut its reliance on production in China.
To whatever extent people were checking their calendars for trade-busting tariffs on the horizon, they're not doing so now.
The Trump administration's tariffs could cost Nike (NKE) $1 billion if left at current levels, according to the sportswear giant's CFO.
Although the revenue and EPS for Nike (NKE) give a sense of how its business performed in the quarter ended May 2025, it might be worth considering how some key metrics compare with Wall Street estima
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