Nike announces new price hikes
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Analysts at KeyBanc Capital Markets downgraded shares of Deckers Outdoor to Sector Weight from Overweight on the heels of the company’s latest earnings report. The analysts iden
Deckers Outdoors (NYSE:DECK) is facing its steepest drop since January, with shares plunging over 20% on Friday after weak guidance and slowing sales expectations for its flagship HOKA brand puts the stock on track for its first weekly loss in five weeks Although the company beat Q1 estimates and increased its buyback program,
Amid inflation and import taxes, Nike will raise prices on footwear, while other select items will be exempt from the increases.
What do we need to know about tariffs? What are they and how will they impact businesses and the economy? And why do they seem to be having such an
Nike face macro headwinds, but adidas leads in returns with lower tariff risk, while Nike offers better value. Learn why ADDYY and NKE stocks are a hold.
After a six year absence, Nike will soon begin selling products directly on Amazon, having previously stopped in 2019 to go it alone. At the same time, the company is reportedly set to increase prices across most of its sneakers and other clothes in the wake of recent US tariffs.
To sweeten the deal, EU officials are also willing to extend a 2020 tariff-free arrangement on US lobster imports, as reported by the FT. That pact, which expires in July, helped
Nike is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon, according to media reports, as President Donald Trump's tariffs disrupt global supply chains and impact retailers' profits.
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