Nike is still ‘a buy’ amid its transition, tariff woes. Here’s why.

Sportswear and apparel titan Nike (NKE) faces stock pressures on Friday after the company warned of tariff impacts in its current quarter. The company beat earnings expectations for its fiscal third quarter.

BMO Capital Markets Managing Director Simeon Siegel sits down with Brad Smith and Myles Udland to talk more about Nike’s anxieties, still calling its stock a buy.

Also catch Morningstar equity analyst David Swartz explain why Nike probably won’t see a turnaround until “at least fiscal year 2026.”

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