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Nike Stock Surges as Q4 Results Show Turnaround Plan Progressing
耐克耐克(US:NKE) Investopedia·2025-06-28 00:41

Key TakeawaysNike shares surged 15% Friday after the shoe and athletic apparel maker beat estimates for the fourth quarter.Sales and profit fell less than expected year-over-year as new CEO Elliott Hill's turnaround plan progresses.Nike's CFO said the company expects tariffs to lead to a hit of up to $1 billion in extra costs over its next fiscal year if they stay at current levels. Nike (NKE) shares soared Friday, a day after the athletic apparel giant topped fiscal fourth-quarter estimates. After the bell ...