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Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence"We believe that the fourth quarter will reflect the largest impact from our ... down about 9% from $12.4 billion a year earlier. Like other retailers, Nike saw strong demand in December ...
Nike (NKE) shares are strained Friday morning as the company behind the Swoosh expects tariffs to impact its fourth quarter sales. The sports apparel giant topped fiscal third quarter revenue and ...
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Kevin Durant’s classic Nike KD 4 sees new updatePhoenix Suns’ star Kevin Durant has been one of the most influential basketball stars of our generation and has made a massive impact with ... than the Nike KD 4 and come next year, we’ll ...
The lower gross margin rate during the quarter was said to be due to higher markdowns, the impact of clearing inventory, and channel mix headwinds. For FQ4, Nike (NYSE:NKE) expects headwinds to ...
The sporting goods giant beat low expectations, but investors are wary of the impact of Trump tariffs and declining consumer sentiments.
Nike's shares fell 14% the day after the tariffs announcement, on fears over the impact they could have on the company's supply chain. Follow live updates So what will all this mean for the price ...
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