Nike Q1 earnings beat expectations
Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
New Nike CEO Is About to See the Extent of Issues He Has to Fix
Nike Inc.’s newly appointed Chief Executive Office Elliott Hill is about to find out the full extent of the problems he’s ...
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 posts bigger-than-expected sales drop on stiff competition
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
Business Wire6h
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 ...
Nike Decides To ‘Just Do It’ And Replaces CEO John Donahoe With Company Veteran Elliott Hill
Outgoing Nike CEO John Donahoe made strategic missteps, most especially losing his team's winning spirit.. In-coming 32-year ...
Nike to post steepest sales drop since COVID, analysts expect target reset
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first ...
WSLS 104h
Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...