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Nike withdraws annual forecast, signals weak holiday season
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer demand for its footwear amid stiff competition from newer brands globally.
Nike Stock Drops 6% with Revenue Forecast Withdrawal and Low Sales
Nike share price tumbled by 6% in after-market trading as it withdrew annual revenue forecast as it is staring at a holiday season.
Nike withdraws annual revenue forecast, signals weak holiday season
Analysts say the company is yet to see benefits from its drive to fast-track innovation and revive demand through new product launches like Air Max Dn and Pegasus 41
Nike shares dip as forecast withdrawal worries investors about turnaround timeline
Nike shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping investors guessing on the timeline for a turnaround at the sportswear giant under incoming CEO Elliott Hill.
Nike Shares Hit After Withdrawal Of FY25 Forecast Amid Weak Q1, CEO Change
Shares of Nike Inc. were down around 6 percent in the extended trading on Tuesday on the NYSE and are currently down around 5 percent
Nike Stock Drops as Doubts on Outlook Outweigh Strong Earnings
16h
on MSN
Nike’s Sales Fall 10%. It’s Working Off a Jordan Hangover.
The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.
1d
Massive Nike outlet sale — here's 15 deals I'd get now on apparel and sneakers from $18
Nike Everyday Plus Cushioned Training Crew Socks: was $22 now from $18 @ Nike There are socks for working out and socks for ...
1h
Nike ‘still not out of the woods,’ analyst says, as stock drops after earnings
While Nike bulls have been anticipating turnaround plans to bear fruit in the Spring 2026 fashion cycle, “that timeline may ...
2d
Nike to post steepest sales drop since COVID, analysts expect target reset
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first ...
3h
Nike Stock Slides After Company Withdraws Full-Year Guidance, Postpones Investor Day
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 ...
6h
Nike drops guidance ahead of CEO change
Hill, a Nike veteran who started as an intern decades ago, is coming out of retirement to take the top job on October 14. He ...
8d
Nike’s New CEO Has One Hell of a Challenge Ahead
A ruinous pandemic business strategy, declining innovation, exodus of talent, and a “worst sneaker of all time” accolade has ...
GeekTyrant
3d
Nike Releases Wild VOLTRON-Inspired Anime Promo For Nigo Air Force 3 Sneakers
Nike goes full anime in a new promo spot that was released to promote their new Air Force 3, which was designed by Japanese ...
Kuch
3d
Nike Clearance Store Pasadena: Your Gateway to Unbeatable Deals and Exclusive Finds
In addition to its unbeatable discounts, the Nike Clearance Store Pasadena is also known for its exclusive selection of ...
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