Nike tries to rip off the band-aid for investors. Its stock price is feeling the sting
Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...
Watch These Nike Price Levels After Stock Slides on Full-Year Outlook Withdrawal
Nike shares fell in extended trading Tuesday after the company withdrew its full-year outlook and said it plans to postpone ...
Nike withdraws annual revenue forecast, signals weak holiday season
Analysts say the company is yet to see benefits from its drive to fast-track innovation and revive demand through new product ...
Will Nike Sales Miss the Mark Again?
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...
Nike reports weak results ahead of CEO switch; US labor market remains resilient
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.
Nike Q1: A Transitional Year In FY 2025; Upgrade To 'Buy'
We upgraded Nike stock to 'Buy' with a $98 target price, citing product innovation and growth projections despite near-term ...
Nike Beat Estimates on EPS, but Lost Ground Broadly
The company experienced a 10% year-over-year decline in revenue in the fiscal quarter, which ended Aug. 31. Nike brand ...
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NIKE, Inc. Reports Fiscal 2025 First Quarter Results
NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. First quarter revenues were $11.6 bill ...
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Nike's new CEO has a big uphill struggle ahead
Nike's new CEO will have several challenges to overcome when he takes over in less than two weeks. The sportswear giant ...
In With the New: Is Nike Stock a Buy After CEO Change?
Nike has grown concerned enough that it ousted CEO John Donahoe to bring back former executive Elliott Hill to lead the company's turnaround.The stock bounced on the news, but remains 50% below its ...