Trump Tariffs To Hurt Nike, Under Armour, VF: Are Ralph Lauren, Foot Locker Safer Bets?

Brands that rely on the Asia-Pacific region to produce apparel goods are likely trying to find ways to mitigate the impact of President Donald Trump‘s reciprocal tariff plan,The average pre-mitigation headwinds to gross margin and EPS are 670bps and 65%, respectively.On the worse end of the EPS-impact spectrum, Needham & Co.’s analyst Tom Nikic noted Under Armour, Inc. UAA, VF Corp. VFC, and Nike, Inc. NKE. Those companies have relatively low margin structures given their recent struggles. As a result, thes ...