Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition. The shoe ...
Nike set a low bar for fiscal Q1 sales but still wasn't able to reach it. The company pulled guidance, although it said sales expectations have moderated for the full year. New CEO Elliott Hill ...
It is getting too easy to score a pair of limited-edition Jordan sneakers, and that is a big problem for Nike NKE-1.52%decrease; red down pointing triangle, as evidenced by the sneaker giant’s ...
Shares Slumped Nearly 6% in Extended Trading on Tuesday Nike shares fell in extended trading Tuesday after the apparel and equipment giant withdrew its full-year outlook and said it plans to ...
We recently compiled a list of the 10 Worst Performing Blue Chip Stocks in 2024. In this article, we are going to take a look at where NIKE, Inc. (NYSE:NKE) stands against the other worst ...
Nike’s revenue fell 10% last quarter from a year earlier, while profit dropped 28%, the company said late Tuesday. Executives warned that sales could fall 10% this quarter.