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Nike Inc. (NYSE:NKE) shares slid 12% since April tariff headlines, underperforming the S&P 500. Despite this, BofA maintains ...
US brands have already been struggling in China amid aggressive local competition and flagging domestic economy. As of the latest quarter, Nike sold $1.73 billion of goods in Greater China ...
China remains a key region for Nike despite recent headwinds. “While China comprises only 15% of Nike brand FY26E sales, the region still generates 28% of EBIT,” BofA said. That compares to 38 ...
A White House official confirms that the total tariff rate against China has grown to 145%. Nike imports most of its products from China, Vietnam, and Indonesia. China’s new tariffs just ...
Investing.com -- Bank of America reiterated its Buy rating on Nike (NYSE:NKE), saying the pullback in the stock already reflects concerns over China and tariffs, and that margin risks remain ...
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