Nike 'still not out of the woods,' analyst says, as stock drops after earnings
Nike Inc.'s stock fell 8% on Wednesday after the athletic-apparel company's latest quarterly results disappointed investors. Jefferies analyst Randal Konik said the company is "still not out of the ...
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Nike Moves to Develop Products Under $100 in Bid to Draw Budget-Conscious Consumers
Nike (NKE) is moving toward affordability to draw shoppers run down by inflation as it tries to work through a backlog of products globally. The footwear and apparel giant said fiscal 2025 first ...
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Nike Beats Earnings Views But Sales Slump Continues
Nike earnings manage to beat analyst estimates. Revenue missed views as softness in North America and China continues. Nike stock dips.
Nike, Coca-Cola share losses lead Dow's 111-point drop
The Dow Jones Industrial Average is declining Wednesday morning with shares of Nike and Coca-Cola seeing the biggest declines for the price-weighted average.
Nike Seeks to Wipe Slate Clean for New CEO, Scraps Guidance (2)
Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of new Chief Executive Officer Elliott Hill’s arrival.