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Nike Just Did It—Turned $1.5 Billion Pain Into Performance
Benzinga· 2025-10-02 16:33
Nike Inc (NYSE:NKE) just proved it still knows how to make the right moves. The sportswear giant thumped Wall Street's expectations, flipping a $1.5 billion tariff drag into proof that its turnaround is working. Investors cheered, sending shares up during Thursday trading — evidence that a turnaround story can outweigh a headline-grabbing hit from tariffs.Track NKE stock here.Read Also: Nike Stock Jumps On Q1 Earnings Beat: ‘We Still Have Work Ahead’Tariffs Take A Shot, Nike Still ScoresThe company warned t ...