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 ...

The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.

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

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 ...

The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. ...

Lamb Weston slashed its earnings outlook and announced a restructuring plan as it posted lower profit and revenue in its fiscal 1Q. The french-fry maker plans to reduce its global headcount by 4% and ...

Tonight in Unpacks: Nike released its latest quarterly earnings report, which showed a decline in revenue for the company amid ongoing challenges and a shakeup at the top, as reported by SBJ's Chris ...

Delgado lives in evacuation zone A area of Apollo Beach but has never had flood waters close to his home until last Thursday.

The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...