Nike's revenue rises, but profit drops due to tariffs, as the company faces challenges in its direct-to-consumer segment and warns of a larger tariff-related gross-margin headwind.
Trump and Defense Secretary Hegseth emphasize a return to traditional military values, fitness, and combat readiness, signaling a shift away from 'woke' culture.
Nike's revenue rises, but profit drops due to tariffs, as the company faces challenges in its direct-to-consumer segment and warns of a larger tariff-related gross-margin headwind.
Trump and Defense Secretary Hegseth emphasize a return to traditional military values, fitness, and combat readiness, signaling a shift away from 'woke' culture.