Nike stock extinguishment despite the income reduction and Trump tariff costs

Still stocks Get rid of 15% on Friday after a scary quarterly report. Adjust the earnings per share, defeated the Wall Street forecasts by a penny and dropped from 86% to 14 kopecks. The income is from 12% to $ 11.1 billion, in terms of $ 10.7 billion in terms of $ 10.7 billion.

CEO Elliott Hill gossip Earnings are optimistic about the company’s turning strategy in calling by analysts called Nike Standard.

Meanwhile, CFO Matf Friendly estimated that the tariff costs would be about $ 1 billion, and explained the analysts that the analysts explained, reducing the import of Chinese-produced products, reducing price growth and reduce corporate expenses.

The company, the general edges collapsed in Q4, primarily due to steep discounts, and the Nike leadership is expected to reduce the last year for 2026, “in the first half.”

President Donald Trump and Trading Secretary Howard Lutnick declared On Thursday, the management reached the trade deal with China, although 30% will remain tariffs.

Currently, about 16% of Nike’s shoe imports come from China and reduce the high-level digit range from China to the end of the 26th of FISCAL, and the supply of China has been re-allocated to other countries around the world. ”

“Despite the current borders for the Chinese products imported to the United States, the power and ability in China remains important for our global source base,” he said.

After the profit report, Goldman Sachs Analysts wrote “Gradually encouraged” with Nike’s fourth quarter and strategic plans of the hill. However, the brand skeptics remain.

Nike has ended a harsh fiscal year, “Neil Saunders,” Neil Saunders wrote on Friday’s notice. “