Aug. 5 at 2:41 AM
$NKE Could Nike have more Upside with those Tariff Refunds than
$AMD -- headed down to 300s?
Nike expects to recover a total of
$986 million in tariff refunds from the U.S. government for invalidated levies under the International Emergency Economic Powers Act (IEEPA). This anticipated windfall provided a massive one-time boost to Nike's fourth-quarter earnings and gross margins, though underlying operational pressures remain
$SPY $XRT