Nike is going for gold this summer as an official ... with players complaining of color mismatches, see-through pants and fabric that changed after coming into contact with sweat.
Nike (NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue to ...
Nike shares fell in extended trading Thursday after the company reported fourth-quarter revenue that fell short of analysts' estimates and said it would update its fiscal 2025 guidance. Revenue ...
As shares of Nike Inc. ended Friday with their biggest drop ever following the sneaker maker’s pessimistic outlook a day earlier, Wall Street analysts were retrenching — with some even ...
Nike Inc.’s management team, led by Chief Executive Officer John Donahoe, is facing growing criticism from Wall Street as a prolonged sales slump sparked the stock’s biggest rout since the ...
June 27 (Reuters) - Nike (NKE.N), opens new tab on Thursday forecast a surprise drop in fiscal 2025 revenue, hurt by faltering demand for its sneakers as consumers covet newer brands such as On ...
Brendan Eng’s running group in Portland, Ore., has roughly quadrupled in size since 2021 to about 80 runners. And that doesn’t include the representatives from New Balance, Hoka or Asics who ...
Rival shoe maker Adidas has outperformed Nike in 2024. But the maker of Air Jordans and other sneakers and apparel can rebound. Gold Long John, which supplies Nike with performance fabrics for its ...
The best Nike running shoes have been used by elites to produce remarkable feats in recent years. For instance, in 2023, Kelvin Kiptum shattered the marathon world record with a stunning time of 2 ...
A Nike store in Glendale, California. Nike posted a $1.5 billion net profit for the three months through May. (Mario Tama/Getty Images) Nike (NKE) stock tumbled, after the sneaker and sportswear ...
Nike has said it expects a surprise 10% drop in quarterly revenue, as it faces growing competition from newer rivals such as On and Hoka. The news sent Nike shares plunging more than 12% in after ...
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