Reuters13d
Nike to post worst revenue fall in 5 years on stagnant demand
"That takes years." Nike is expected to post a revenue decline of 11.5% to $11.01 billion in the third quarter, according to ...
USA Today11d
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 ...
New York Post10d
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 Journal11d
Nike Profit, Sales Fall; New CEO Hill Sees Progress in Early Turnaround
Nike NKE-1.55%decrease; red down pointing triangle posted lower profit and sales in its latest quarter, as the company stepped up discounts to clear inventory in the early days of a turnaround ...
Reuters12d
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 ...