Nike beat Q4 expectations with 9% premarket share jump, but tariff headwinds may impact costs

From Financial Modeling Prep: 2025-07-01 05:38:00

Nike exceeded Q4 expectations with a 9% premarket share jump, indicating a turnaround peak. Sales fell 12% to $11.10 billion but surpassed forecasts. Tariffs may drive costs up by $1 billion, prompting Nike to reduce China-sourced shoes. Gross margin dropped to 40.3%, requiring real-time monitoring. Q1 revenue is expected to dip, but less than anticipated. Utilize Financial Modeling Prep’s APIs for detailed analysis.



Read more at Financial Modeling Prep:: Nike Q4 Beat: Turnaround Bottomed, Tariff Headwind…