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 ...

Nike's stock has dropped significantly, but remains the most valuable sports brand, presenting a strong turnaround investment ...

Whether you're shopping for running shoes, warm apparel for the chilly months or even some cozy loungewear, Nike's New Year ...

Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates ...

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-owned stores.

Nike expects revenue to fall significantly and for gross margins to be pressured in its fiscal third quarter as it puts in place a plan to turn around its digital business. The sportswear brand on ...

In this video, I will go over Nike's (NYSE: NKE) second-quarter earnings report and explain why the stock is dropping. Watch the short video to learn more, consider subscribing, and click the ...

Looking for new everyday running shoes? Grab the Nike Vomero 17s from the brand's site today for 29 percent off. These versatile kicks offer a killer combo of cushioning and responsiveness perfect ...

New Nike CEO Elliott Hill on Thursday said the company needs to turn its attention back to running paths, soccer fields and basketball courts. “We lost our obsession with sports,” Hill told ...