Analysts say the company is yet to see benefits from its drive to fast-track innovation and revive demand through new product ...
Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the sportswear giant ...
Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures. Nike reported earnings Tuesday ...
Nike is withdrawing its guidance for the year and postponing its first investor day in seven years to evaluate the direction of the company following the appointment of Elliott Hill as chief executive ...
The company is postponing its investor day, scheduled for November, as it is in the midst of a CEO transition.
"We are withdrawing our full-year guidance ... This provides Elliott the flexibility to ... evaluate the current strategies ...
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...
(Reuters) -Nike shares dropped 6% after hours on Tuesday as the company withdrew its annual revenue forecast and postponed ...
Nike reported first-quarter earnings per share of $0.70 that were 26% lower than last year, but easily topped estimates of $0 ...
Nike offered mixed results in its first earnings call since announcing that its CEO John Donahoe would step down and be ...
Nike kicks off first-quarter results for fiscal 2025 late Tuesday. The Dow Jones athletic shoe and apparel giant in mid-September named an incoming CEO to right the ship amid rising competition and ...