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Nike expects US tariffs to cost it $1bn and warns of falling sales
euronews.com/business/2025/06/27/nike-expects-us-tariffs-to-cost-it-1bn-and-warns-of-falling-sales
The ailing US sportswear company reported falling revenues and income. Its fiscal guidance for the current quarter nonetheless gave investors a glimmer of hope, pushing the share price up around 10% in after-hours trading in the US.
This story appeared on euronews.com, 2025-06-27 11:58:05.