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Nike Q4 Earnings Boosted by Tariff Refund Despite China Slump

Nike reported a swing to profit in its fourth fiscal quarter, largely attributed to a significant tariff refund. Despite this boost, the company's performance was negatively impacted by a deepening slump in the China market.

1 Jul, 11:12 — 1 Jul, 14:42
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Source Diversity

Source Diversity

Moderate (27/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
Far L
Left1
Left (1)
Yahoo
Center
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity1 region4/34
US2
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Only 2 sources cover this story