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International Business Times UK
International Business Times UK
Business
Teddy Cambosa

Nike Stocks Rise Despite Smaller Sales, Profit Drops: Why They're Still Winning Amidst Tariff Woes

Popular apparel brand Nike has seen its shares rise significantly higher than usual following the release of its Q1 2025 results despite what seemed to be its 'worst earnings yet'. Its stocks, recorded at 10% higher than its current stock trend, are a stark contrast to the drastic drop in sales of the brand, especially as they are expected to make 'significant changes' to its pricing amidst tariff woes in the US.

Stock Jumps Benefit Counterparts

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