Los Angeles Times

Nike soars on a production shift away from China, but it warns of a $1-billion tariff hit

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...
Forbes

Nike Is Cheap Despite Recent Challenges In China And Product Design

Nike has under-performed due to distribution revamp, product design shifts, and backlash in China, impacting revenue and margins. Nike’s valuation is low, with a Schiller P/E near a 15-year low and a ...
Benzinga.com

China Accounts Smaller Share In Nike Sales Compared To Pre-Pandemic Levels, But Tariff Pressure Still Persists: Analyst

BofA Securities analyst Lorraine Hutchinson reiterated a Buy rating on the shares of Nike Inc (NYSE:NKE) on Friday and lowered the price forecast from $90.00 to $80.00. Nike shares have lagged behind ...
Business Insider

Nike's warnings on China should scare other companies that do business there

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FOX31 Denver

Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit

Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...