Nike Stock Tumbles as US Tariffs Hit Asian Suppliers [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
Vietnam and other Asian countries where the sneaker giant makes most of its products. The U.S. imposed a 46% tariff on imports from Vietnam, which manufactured about half of Nike's footwear in fiscal 2024. Morgan Stanley recently wrote that investors are underappreciating the potential impact of tariffs on Vietnam. Nike ( NKE ) shares are tumbling 11% in premarket trading after President Donald Trump imposed steep reciprocal tariffs on Vietnam and other Asian countries where the sneaker giant makes most of its products. The U.S. imposed a 46% tariff on Vietnamese goods, 32% on Indonesia, and 49% on Cambodia. President Trump also announced 34% levies on imports from China in addition to previously imposed 20% tariffs on goods fr
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NKE
News
- Atlético Madrid Extend Lucrative Deal With Nike Until 2035 [Forbes]Forbes
- Billionaire Bill Ackman gives 7-word warning on tariff war [Yahoo! Finance]Yahoo! Finance
- Nike, Walmart jump on 90-day tariff pause for key suppliers [BNN Bloomberg (Canada)]BNN Bloomberg
- Nike, Walmart Jump on 90-Day Tariff Pause for Key Suppliers [Yahoo! Finance]Yahoo! Finance
- JD Sports shares rise as profit forecast meets expectations despite headwinds [Yahoo! Finance]Yahoo! Finance
NKE
Earnings
- 3/20/25 - Beat
NKE
Sec Filings
- 4/7/25 - Form 4
- 4/3/25 - Form 10-Q
- 3/20/25 - Form 8-K
- NKE's page on the SEC website