In 2024, Dunks totaled $5.85 billion USD, approximately 18% of Nike’s sales. However, by the next fiscal year, Piper Sander reports that sales will drop significantly, estimating $1.75 billion USD.

Nike NKE-0.02%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 ...

March 21 (Reuters) - Nike ... 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 ...

Nike has accelerated its work to reduce the supply of Air Force 1, Air Jordan 1 and Dunk styles, and CFO Matt Friend said by Q4, those franchises will be down by 10 percentage points as a percent ...

(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 beat analysts ... North American apparel sales also grew 7%. However, management said that it would continue to scale back on classic styles, including Dunks, in the fiscal fourth quarter ...

Last week, shares in Nike slumped to a five-year low after it reported a steeper-than-expected drop in fourth-quarter revenue – its fourth straight quarter of declining sales. Nike has struggled ...

Nike’s revenue fell ... Air Jordan 1 and Dunk into the three largest multibillion–dollar footwear franchises in industry history. Sales of the models were strong and paved the way for the ...

Nike expects its sales decline to accelerate ... Analysts polled by FactSet had forecast earnings of 30 cents per share. Sales fell to $11.27 billion, beating the $11.02 billion expected by ...

Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, leaving some investors worried about the pace of a crucial turnaround under new ...