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.
Sportico on MSN52m
Nike Q1 Earnings Fall 26% as Company Preps for New CEO
Nike reported first-quarter earnings per share of $0.70 that were 26% lower than last year, but easily topped estimates of $0 ...
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. ...
Footwear News on MSN2h
Nike Reports Mixed Results For Q1, Postpones Investor Day
Nike offered mixed results in its first earnings call since announcing that its CEO John Donahoe would step down and be ...
Investor's Business Daily on MSN2h
Nike Earnings Due After Dow Giant Names New CEO To Get Back In Stride
Nike kicks off first-quarter results for fiscal 2025 late Tuesday. The Dow Jones athletic shoe and apparel giant in mid-September named an incoming CEO to right the ship amid rising competition and ...
New Nike CEO Is About to See the Extent of Issues He Has to Fix
Nike Inc.’s newly appointed Chief Executive Officer Elliott Hill is about to find out the full extent of the problems he’s ...
Nike's stock is in 'no man's land,' says analyst
Nike CEO John Donahoe is set to step down on Oct. 13, 2024. As Nike (NKE) gears up for a pivotal leadership transition, the ...
Nike reports earnings after the bell. Here's what Wall Street expects
Nike is in a reset after critics say it lost sight of innovation and ceded share to competitors. Its CEO, John Donahoe, is ...
5 things to know before the stock market opens Tuesday
Here are five key things investors need to know to start the trading day: The S&P 500 posted a record close Monday to end the ...
Nike’s Sales Are in a Funk. It’s Working Off a Jordan Hangover.
The sneaker giant is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers’ interest.