Nike Stock Dives. Why More Losses Wouldn’t Be a Surprise.
The athletic gear maker hasn’t had a good run lately and has been steadily losing market share to competitors.
Nike’s quarterly sales and profits slump as it faces shoppers’ sluggish demand for its products
Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand ...
New Nike CEO Faces Uphill Task To Turn Around Company
Nike has withdrawn its annual revenue forecast as it struggles to prevent sales from sliding. It had earlier forecast an ...
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Should Investors Still Hold Nike or Starbucks Stock for a Rebound?
Shaking up their management teams, Nike NKE and Starbucks SBUX hope to return to glory after experiencing slower growth in recent years. Nike recently announced its CEO John Donahoe will retire on ...
Nike withdraws annual forecast, signals weak holiday season
Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that ...
Nike CFO notes that ‘a comeback at this scale takes time’ as revenue falls 10%
With a new CEO set to take over, the sportswear giant pulled its guidance for the year and stressed the actions it’s already ...
Nike Q1 earnings beat expectations, but NKE stock falls as full-year guidance is withdrawn
Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue ...
Nike stock is in a 'no man's land,' analyst says
As Nike (NKE) gears up for a pivotal leadership transition, the iconic brand faces a challenging road ahead in an ...