As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting sourcing away from China to rising costs in Vietnam and Indonesia. 

Will Trump-era tariffs make your next pair of Nikes more expensive?

Nike reported a profit for third quarter that decreased from the same period last year but beat the Street estimates. The company's earnings came in at $1.24 billion, or $0.79 per share.

Nike posts strong Q3 results, beats street estimates

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Will Trump-era tariffs make your next pair of Nikes more expensive?

Nike posts strong Q3 results, beats street estimates