Nike shares skidded after the sportwear company withdrew its annual financial guidance and postponed its first investor day in seven years. Shares (NKE) stood 5.5% lower at $84.21 in recent premarket ...

Nike Inc. withdrew its full-year guidance after sales missed estimates, underscoring the challenge that incoming Chief Executive Officer Elliott Hill will face when he takes the reins later this month ...

Dan Coatsworth, investment analyst at AJ Bell, said: “Nike is now paying the price for taking its eyes off the ball. Rivals ...

The company is postponing its investor day, scheduled for November, as it is in the midst of a CEO transition.

D Sports Fashion PLC on Wednesday reported half-year adjusted profit ahead of expectations, and held guidance, as demand for trainers continued ...

Nike shares are down nearly 6% after the sneaker maker tempered its sales expectations and said it would only of ...

Nike shares slid 5% in premarket trading. The sneaker company notched a 10% decline in quarterly revenue and a near-30% fall in profits from a ...

The UK's benchmark FTSE 100 stock index opened higher on Wednesday, led by energy and industrial metal mining shares, while ...

Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue expectations. The stock fell 6% after the announcement.

We upgraded Nike stock to 'Buy' with a $98 target price, citing product innovation and growth projections despite near-term ...

Nike shares fell in extended trading Tuesday after the company withdrew its full-year outlook and said it plans to postpone ...

Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...