Nike forecasts recovery amid tariff challenges and supply chain shifts
TL;DR Summary
Nike's stock is expected to recover with a 'swoosh'-shaped trajectory after a challenging period, as analysts see signs of a turnaround following better-than-expected quarterly results and improved sales momentum, despite some ongoing challenges in revenue and margins.
- Nike’s stock is headed for a ‘swoosh’-shaped recovery after years of pain, analyst says MarketWatch
- Nike stock surges as company forecasts smaller sales, profit drops while tariff costs near $1 billion Yahoo Finance
- Nike announces 'surgical price increase' to mitigate $1 billion hit from Trump tariffs USA Today
- Nike says tariffs will cost it $1 billion before price increases, supply chain shifts CNBC
- Trump tariffs: Nike pledges to cut reliance on Chinese factories BBC
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