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Nike Just Did It—Turned $1.5 Billion Pain Into Performance - Nike (NYSE:NKE)

Summary by Benzinga
Nike Inc (NYSE:NKE) just proved it still knows how to make the right moves. The sportswear giant thumped Wall Street's expectations, flipping a $1.5 billion tariff drag into proof that its turnaround is working. Investors cheered, sending shares up during Thursday trading — evidence that a turnaround story can outweigh a headline-grabbing hit from tariffs. Track NKE stock here. Read Also: Nike Stock Jumps On Q1 Earnings Beat: ‘We Still Have Wor…

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Benzinga broke the news in New York, United States on Thursday, October 2, 2025.
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