Nike's quarterly sales and profits slump as it faces shoppers' sluggish demand for its products
The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. ...
Nike’s Earnings Top Estimates. Why the Stock Is Falling.
The company is postponing its investor day, scheduled for November, as it is in the midst of a CEO transition.
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.
Nike Stock Swoons as Apparel Giant Withdraws Full-Year Outlook Ahead of CEO Change
Nike shares tumbled in extended trading Tuesday after the company withdrew its full-year forecast ahead of its transition to ...
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Stock futures are little changed following rocky start to October: Live updates
In after-hours action, Nike slid about 7% after the sneaker giant pulled its full-year guidance ahead of its CEO change. Elliott Hill will take the helm at Nike on Oct. 14. Fiscal first-quarter ...
Nike Beat Estimates on EPS, but Lost Ground Broadly
The company experienced a 10% year-over-year decline in revenue in the fiscal quarter, which ended Aug. 31. Nike brand ...