Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.

Nike’s fourth-quarter sales fell 12% to $11.10 billion, compared with analysts’ expectation of a 14.9% drop to $10.72 billion, according to data compiled by LSEG.

Nike said it expects tariffs to increase its costs by $1 billion this fiscal year. The company said it plans to pass through some of these costs with “surgical” price increases on its product ...

Nike delays the release of its new activewear line with Kim Kardashian By Jordan Valinsky, CNN 2 minute read Published 6:47 AM EDT, Fri June 20, 2025 ...

On social media, Nike wrote: “When @caitlinclark22 laces her new Kobe 5 Protro PE, she steps into a new dimension. Noise fades, focus hits, and all that’s left is her drive to dominate.

It appears this will be all of Nike's 2025 London Collection, but hopefully, some more pieces will be released as we get closer to the main draw. Qualifiers for Wimbledon 2025 are already underway ...

Nike is projected to report a 15% drop in quarterly revenue from the same time last year to $10.72 billion. Earnings per share are also expected to have dropped to $0.12 from $0.99 a year ago.

NIKE Direct, the company's direct-to-consumer business, saw revenue plunge by 14% year over year, largely due to a 26% drop in digital sales. Wholesale revenue was down 9%, and Converse revenue ...

Nike kicked off the re-launch of the Vomero line back in February with the Vomero 18, and now the Premium and Plus models are set to follow this August and October, respectively.

Nike is having a rare sale on its bestselling sneaker of all time — the Air Force 1 — and you can grab it for up to $51 off before it sells out. Here's the unbelievable deal ...

Nike (NKE 15.28%) stock is surging in Friday's trading following the company's recent quarterly report. The footwear and apparel specialist's share price was up 14.5% as of 10:45 a.m. ET. At the ...

NEW YORK — Nike reported sharply lower quarterly profits on Thursday, but signaled it was past the worst stage of a corporate retooling as it implements “surgical” US price increases to defray tariff ...