USA Today10d
Nike faces steepest revenue drop in 5 years as consumer spending slows down
"That takes years." Nike is expected to post a revenue decline of 11.5% to $11.01 billion in the third quarter, according to ...
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 ...
New York Post9d
Nike shares plunge after sneaker giant warns sales could fall by double digits
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.
Wall Street Journal9d
Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of Turnaround
Nike NKE-0.81%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Austin American-Statesman10d
Nike faces steepest revenue drop in 5 years as consumer spending slows down
Nike is expected to post a revenue decline of 11.5% to $11.01 billion in the third quarter, according to data compiled by LSEG. It would be the steepest fall since the 38% decline Nike reported in ...
Reuters10d
Nike to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post a revenue decline of 11.5% to $11.01 billion in the third quarter, according to data compiled by LSEG. It would be the steepest fall since the 38% decline Nike reported in ...