The Latest Breaking News from NKE

Nike’s tariff relief gives bulls a breather, but sagging sales still demand caution.

Nike (NYSE:NKE) predicted Air Jordan would make only $3 million in sales over its first three to four years. Instead, the line brought in about $126 million in its first year. That breakout success vaulted NBA great Michael Jordan into retail legend and reshaped Nike's future.

Nike’s efforts to reduce discounting, streamline inventory, and diversify its supply chain are early but promising signs of a turnaround.

Nike stock receives upgrade, price target hikes after Dow Jones retailer posts Q4 results. Analysts praise turnaround efforts.

President Donald Trump‘s tariffs on Chinese imports have increased Nike Inc.‘s (NYSE:NKE) costs by $1 billion. As part of their mitigation strategy, the athletic giant plans to start implementing price hikes in the fall of 2025.

Among the standout developments in Nike Inc.’s (NYSE:NKE) fourth quarter earnings on Thursday was the rapid ascent of its Vomero 18 running shoes, which became a $100 million franchise within just 90 days of launch.

Nike Inc (NYSE:NKE) reported fourth-quarter financial results for fiscal 2025 Thursday after the market close. Here’s a rundown of the athletic footwear and apparel company’s report.

NIKE, Inc (NYSE:NKE) will release earnings results for the fourth quarter, after the closing bell on Thursday, June 26.

September S&P 500 E-Mini futures (ESU25) are up +0.33%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.41% this morning amid speculation that U.S. interest rate cuts could arrive earlier than expected, following a report that U.S. President Donald Trump may nominate the next Federal Reserve chair early.