Nike ( NKE -0.38%) is a ubiquitous sportswear brand with a trailing 12-month revenue of $49 billion. But after a decade of ...
The company reported $12.4 billion in quarterly revenue, down 8%, but better than the 9% drop ... of Nike being Nike again.” Under previous CEO John Donahoe, Nike bet heavily on direct sales ...
Whether you're shopping for running shoes, warm apparel for the chilly months or even some cozy loungewear, Nike's New Year ...
Nike's NKE.N new CEO Elliott Hill warned of a long road to sales recovery for the sportswear ... it was expecting third-quarter revenue to drop to low double digits after the embattled ...
Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates ...
Inc. Quote Sales at NIKE Direct were down 13% on a reported basis and 14% on a currency-neutral basis to $5 billion. The decline resulted from a 21% drop in NIKE Brand Digital and a 2% fall in ...
Nike beat quarterly profit expectations and posted a smaller-than-expected drop in revenue on Thursday, as customers flocked to the embattled sportswear brand’s stores and website to buy newly ...
As we begin 2025, Nike (NKE) shares have hovered near 52-week lows while Adidas (ADDYY) stock is not far from its highs.