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Nike to post 10% decline in sales

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 earnings report since announcing a new CEO earlier this month.

Seeking Alpha · 2d

Earnings Preview: Nike expected to post 10% decline in Q1 sales

Nike (NKE) is expected to report a decline in revenue in its first quarter earnings, leading to concerns among analysts and investors.

Footwear News on MSN · 2d

Nike's Turnaround Plan in Focus Ahead of Q1 Earnings This Week

Nike executive Elliott Hill would replace John Donahoe as chief executive office, the Swoosh is now gearing up to report earnings for the first quarter on Oct. 1. Despite a generally positive reaction to the CEO news,

Nike shares drop

Hosted on MSN · 19h

Nike shares drop as investors fret over murky turnaround timeline

By Ananya Mariam Rajesh (Reuters) -Nike shares dropped about 8% in premarket trading on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline for a turnaround under incoming CEO Elliott Hill.

Seeking Alpha on MSN · 18h

Nike's turnaround is seen taking time to play out

Nike (NYSE:NKE) fell in early trading on Wednesday after reporting a 10.4% drop in sales during FQ1 to $11.6 billion to miss the consensus estimate of analysts. The company saw weakness in both North America and the region that includes Europe,

AFP on MSN · 1d

Nike earnings drop, says turnaround will take time

Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO. The athletics company's financials showed lower sales in every operating region,

Under New Leadership, Nike Is Returning to Its Roots in Running

Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.

19hon MSN

Nike Seeks to Wipe Slate Clean for New CEO, Withdraws Guidance

Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of new Chief ...

1d

The Nike Dunk Low ‘What the Duck’ Is the Kookiest Sneaker of the Year

If you’re lucky to glimpse one in real life, it’s likely to be behind a locked glass case in a high-end sneaker boutique.

Star Local Media2d

Ja Morant's new Nike shoes are to be released on October 8

The Ja 2 will be available at a $120 price tag in five colorways, including "Purple Sky" and "Nightmare", and in all sizes.

2d

First Look: Supreme Has New Nike SB Dunks Coming Out in 2025

Supreme announced Monday that it will release Thursday a new collection in collaboration with Nike Inc.’s Jordan Brand and ...

23h

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 ...

1h

Nike troubles overshadow record sales at JD Sports

JD Sports posted record half-year sales of £5billion for the 26 weeks to August 3, thanks to strong demand for its shoes.

10d

Ja Morant shows off his new Nike signature shoes

Bruno Rukavina is a passionate basketball fan with experience as an Analyst and Assistant Coach. He applies an analytical ...

22h

WNBA Stars’ Signature Shoes Still Designed With Men in Mind

Behind the scenes of women’s basketball’s boom, there’s tension brewing over footwear. Entrepreneurs and researchers want ...

5don MSN

Nike to Drop New Air Jordan 12 Retro ‘Black and Wolf Grey' Sneakers: Here's Where to Get a Pair Online

First released in 1996, the Nike Air Jordan 12 is a classic pair of sneakers - especially since they're the shoes Michael ...

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