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Nike's Turnaround Looks Like It's Going Well—But Tariffs Could Be a Stumbling Block
Yahoo Finance· 2025-10-01 16:36
David Paul Morris/Bloomberg via Getty Images Nike reported its latest quarterly financial results after Tuesday's closing bell. Key Takeaways Nike shares are rising after the company said wholesale revenue rose and running gear sales took off last quarter. The athletic brand's turnaround still faces a number of challenges, including higher tariff costs than previously anticipated and weak sales of its "classic" footwear franchises. The revamp of Nike's brand made headway last quarter, according to e ...