Nike's soft guidance weighs on footwear and athletic apparel stocks
Nike (NYSE:NKE) traded lower in early action on Friday after the athletic footwear and apparel giant warned that inventory ...
Nike's Sales Take a Hit as Consumers Shift Away from Expensive Sneakers, Apparel
Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.
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%.
These Analysts Cut Their Forecasts On Nike Following Q3 Results
Nike reported third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. The athletic footwear and ...
Nike Q3 EPS Outperforms, Revenue Down 9%
Sports apparel giant Nike ( NKE -1.90%) reported fiscal 2025 third-quarter results on Thursday, March 20, that topped analysts' consensus estimates. Earnings per share (EPS) of $0.54 exceeded ...
Nike’s (NKE) Q3 Results Draw Mixed Reactions from Analysts
Athletic apparel and footwear giant Nike (NKE) reported a decline in its revenue and earnings for the third quarter of Fiscal 2025 but managed ...
Oregon Basketball receives Nike Kobe 9 EM for March Madness
What do you think of this latest Oregon Basketball Nike Kobe PE? Check our Sneakers news for more upcoming releases and ...
Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
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Nike sales are tumbling
On Thursday, March 20, Nike announced its global sales have fallen 9%. That includes a 17% drop in China as well as a 9% drop in North America, the company’s largest market. The sports apparel giant ...