Nike says tariffs will cost it $1 billion before price increases, supply chain shifts

Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.

Jun 26, 2025 - 23:55
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Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.