Nike appointed formerly retired Elliott Hill as CEO in an attempt to get the brand back on track. Though financial reports ...
The Wall Street Journal on MSN9d
Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of TurnaroundNike NKE-1.26%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts ...
Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, ...
Nike has warned that sales will drop by a double-digit percentage in its current quarter as the sneaker giant contends with ...
In the period, which ended Feb. 28, Nike's revenue fell by 9%, or 7% on a currency-neutral basis, to $11.3 billion, though that beat the consensus estimate of $11.03 billion. Nike Direct revenue fell ...
London broker Peel Hunt has downgraded its forecast for JD Sports ahead of the company’s full-year results next month due to ...
Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...
(Reuters) - Nike shares ... quarter of sales decline, leaving some investors worried about the pace of a crucial turnaround under new CEO Elliott Hill. The company on Thursday forecast a steeper ...
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 ...
(Reuters) - Nike ... quarter of sales decline sparked worries about the pace of a crucial turnaround at the sportswear giant under new CEO Elliott Hill. The company on Thursday forecast a steeper ...
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