Athletic apparel brand Nike (NYSE:NKE) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, but sales fell by 9 ...
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Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a ...
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, ...
Nike NKE-5.36%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Wells Fargo analyst Ike Boruchow lowered the firm’s price target on Nike (NKE) to $85 from $90 and keeps an Overweight rating on the shares.
Jalen Hurts' 'Love, Hurts' hoodie became an instant hit after he wore it at the Eagles' Super Bowl parade. The item sold out ...
Brand revenues were $10.9 billion, down 9 percent on a reported basis and down 6 percent on a currency-neutral basis, driven by ...