Nike ( NKE 0.18%) shares sank after the athletic apparel and footwear company reported disappointing sales and pulled its guidance for the year. The stock is now down more than 20% year to date.
NEW YORK (AP) — Nikesales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' sluggish demand for new sneaker models and other products. The ...
The road to get here was far from easy for loyal Lakers fans. They had to endure many "L's," but Nike has already quadrupled sales, and there is no end in sight. Stay locked into Sports ...