Apr. 21 at 1:58 AM
$NKE Nike is sitting on a massive catalyst.
Tariffs cost them ~
$1.5B per year. Now refunds are on the table.
• Potential
$800M–
$1.2B cash back
• Margins expand immediately
• Pricing pressure eases
• Demand stays strong into global sports cycle
This is not hype. This is cash + higher earnings.