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Nike shares tumble on tepid outlook as CEO eyes Olympics marketing win - ET Retail
The Economic Times· 4 days agoNike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the...
Nike Shareholder Files Class Action Over Brand’s Lackluster DTC Sales Strategy
Sourcing Journal· 7 days agoThe plaintiff said Nike misled shareholders by concealing the failures of its years-long pivot away...
Nike stock sinks 18.6% as gloomy sales forecast fans growth concerns
Business Standard India· 4 days agoNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales...
Nike’s slow recovery is testing investors’ patience | Mint
Livemint· 4 days agoOnce the top dog, Nike has been losing both customers and investors over the past year. The...
Nike stock declines 20%, biggest fall in 13 years; What led to the plunge? | Stock Market News
Livemint· 3 days agoThe shares plunged 20 per cent on Friday's trading session at 11:57 a.m. This was Nike's biggest...
Nike reports 12% increase in net income for fiscal 2024
Retail Insight Network· 4 days agoAmerican sports apparel brand Nike has announced a 12% increase in net income for the fiscal year...
Nike Revenue Disappoints, but Jordan Brand Hits $7B for Year
Sportico· 5 days agoExpectations were modest for Nike ahead of its fourth-quarter earnings report, and the company still...
Week in review: Bleak end to 2024 for global fashion retailers
Just Style· 1 day agoThe outlook for the global fashion sector looks far from rosy as we head into H2 2024 with headlines...
S&P 500 tops 5,500 after ‘near perfect’ economic data
The Economic Times· 4 days agoU.S. stocks rose broadly on Friday after an in-line inflation report strengthened hopes for interest...
Wall Street ends lower as investors digest inflation data, presidential debate
The Economic Times· 3 days agoU.S. stocks ended weaker on Friday after an early rally fizzled as investors digested in-line...