Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the fiscal fourth ...
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 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.
Nike says focus on athletes is paying off, but warns the toughest stretch of its turnaround is ahead
Shares of Nike Inc. moved higher after hours on Thursday after the sneaker maker reported fiscal third-quarter results that ...
Nike’s Sales Fall, But Not as Much as Expected Under New CEO
Nike reported sales fell from a year ago, but not as much as analysts expected, as new CEO Elliott Hill works to engineer a ...
Nike gains after topping profit estimates, pointing to brand momentum
Gross margin for the Oregon-based company decreased 330 basis points from a year ago to 41.5% of sales, to miss the consensus ...
Nike’s (NYSE:NKE) Q1: Beats On Revenue
Athletic apparel brand Nike (NYSE:NKE) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 9 ...
Air Jordan Basketball Shoes ‘So Many People Hate’ Are Marked Down at Nike
If you don't love them, that's okay, of course. But if you do like them, Nike has a deal for you right now. Nike is selling ...