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

1. Tariffs impact U.S. apparel companies, creating significant margin challenges. 2. Foot Locker, Inc. (FL) expected to face minimal EPS headwinds from tariffs. 3. Analyst predicts only a 20-25% EPS impact for FL due to strong margins. 4. Foot Locker benefits from indirect exposure to tariff effects on suppliers. 5. Manufacturing reshoring in the U.S. is unlikely due to expertise and capacity issues.