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 company ...
Nike on Thursday forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the company’s weakening market share and its faltering direct-to-consumer strategy.
Sept 30 (Reuters) - Investors and analysts expect Nike (NKE.N), opens new tab to lower annual forecasts on Tuesday when it posts quarterly results, the company's first earnings report since announcing ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As of Monday morning, Nike’s ...
Nike Inc. shares sank after the sneaker company’s full-year outlook missed expectations, stoking investor concerns about waning demand and competition from upstarts On and Hoka, as well as rival ...
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