The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
That has led to a drop in revenues, in the first quarter of the financial year 2025, coming in at $11.6bn (€10.48bn), a drop of 10% from the same ... especially when it came to their retro-style ...
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
Nike Everyday Plus Cushioned Training Crew Socks: was $22 now from $18 @ Nike There are socks for working out and socks for ...
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...
Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of new Chief ...
It is never easy for a top performer like Nike to lower the bar, but it will be much easier to do so with a new leader.
Barclays analyst Adrienne Yih maintained a Hold rating on Nike (NKE – Research Report) today and set a price target of $81.00. The ...
Nike shares skidded after the sportwear company withdrew its annual financial guidance and postponed its first investor day in seven years. Shares (NKE) stood 5.5% lower at $84.21 in recent premarket ...
In June, the company said it expected a 10% sales drop in the quarter as it worked to execute a turnaround plan that includes ...
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...
Analyst Aneesha Sherman of Bernstein maintained a Buy rating on Nike (NKE – Research Report), retaining the price target of $109.00.