Nike USA - Search News

Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over

The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as Air Max Dn and Pegasus 41 to revive demand.

Associated Press · 6h

Nike’s quarterly sales and profits slump as it faces shoppers’ sluggish demand for its products

Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models.

Bloomberg on MSN · 6h

Nike Sales Miss Estimates, Highlighting New CEO’s Challenge

Nike Inc.’s sales fell short of Wall Street’s expectations, underscoring the challenge that incoming Chief Executive Officer Elliott Hill will face when he takes the reins later this month.

Nike, CEO

Bloomberg on MSN · 4h

Nike Withdraws Guidance Ahead of New CEO Taking Over

Nike Inc. withdrew its full-year guidance after sales missed estimates, underscoring the challenge that incoming Chief Executive Officer Elliott Hill will face when he takes the reins later this month.

Hosted on MSN · 59m

Nike withdraws guidance, postpones investor day as it gears up for CEO change

Nike on Tuesday said it was withdrawing its full-year guidance and postponing its investor day as it gears up for a new CEO to take the helm.

Investopedia on MSN · 6h

Nike Stock Swoons as Apparel Giant Withdraws Full-Year Outlook Ahead of CEO Change

Key Takeaways Nike shares tumbled in extended trading Tuesday after the company withdrew its full-year outlook ahead of its transition to a new CEO later this month.The athletic apparel giant also said it will postpone its investor day originally scheduled for Nov.

Nike reports weak results ahead of CEO switch; US labor market remains resilient

The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.

4hon MSN

Nike (NKE) Q1 2025 Earnings Call Transcript

Welcome to NIKE, Inc.'s fiscal 2025 first quarter conference call. For those who want to reference today's press release, you ...

Nike Q1: A Transitional Year In FY 2025; Upgrade To 'Buy'

We upgraded Nike stock to 'Buy' with a $98 target price, citing product innovation and growth projections despite near-term ...

10h

US dockworkers strike, Nike earnings: Morning Brief

Today on Catalysts, hosts Brad Smith dissect the ongoing US port strike and trending company news. The show begins with a ...

Nike stock responds as company names new CEO. Is it too late to buy?

The pop in Nike's stock certainly wasn't the same as the reaction Starbucks stock got when it named a new CEO, and Hill certainly doesn't have the same fanfare, having never been the CEO of a major ...

Nike withdraws annual revenue forecast, shares drop 6%

Its footwear sales in the US and Europe dropped 14 per cent each in the first quarter. Read more at straitstimes.com.

tbsnews19h

Nike to post steepest sales drop since COVID, analysts expect target reset

Elliott Hill, who spent 32 years at the sportswear giant before retiring in 2020, will return as top boss starting Oct. 14 to succeed John Donahoe, Nike announced on Sept. 19 ...

Nike Earnings Preview: New CEO Big Plus, Nike's A China Play But May Require Patience

Nike reports their fiscal Q1 ’25 after the market closes on October 1. Sell-side consensus is expecting $0.52 in EPS and ...

Learn everything you need to know about the free Nike membership and start earning rewards, free shipping and more.

3hon MSN

Nike tries to rip off the band-aid for investors. Its stock price is feeling the sting

Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results