Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
Nike to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
Nike turnaround won't happen until 'at least fiscal year 2026'
Nike (NKE) shares are getting a boost on Thursday after the company released its third quarter earnings results. David Swartz ...
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Nike's comeback plans threatened by tariffs, overstocked shelves
Nike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining ...
Nike to Post Worst Sales Drop 5 Years on Stagnant Demand
The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.
Tomorrow’s Earnings Call Set to Highlight Headwinds for Nike Stock (NKE)
Nike’s (NKE) highly anticipated earnings results will be published tomorrow. The global apparel giant is set to report its Q4 ...
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Nike will report fiscal third-quarter earnings after the bell on Thursday as the company tries to execute a turnaround under ...
Nike's Product Innovation Is The Most Important Catalyst For The Stock, Analyst Says
BofA Securities analyst Lorraine Hutchinson reiterates Buy rating on Nike with a $90 price target. While third-quarter ...
Nike Is Selling $130 Luka Doncic Basketball Shoes for Only $85, and Buyers Say They 'Love Them'
"Absolutely love these shoes. Amazing quality and amazing brand," says a third reviewer. Nike offers free shipping on orders ...