Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as ...
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Nike Has Lost Some Mojo. But Not Its Market Share
Nike is in recovery mode but still enjoys a dominant slice of the market. The post Nike Has Lost Some Mojo. But Not Its ...
We Reported on Nike’s Extensive Use of Private Jets. The Company Just Made It Harder to Track Them.
Since our story, the company has added its planes to a popular Federal Aviation Administration program that makes it harder ...
Nike’s quarterly sales and profits slump as it faces shoppers’ sluggish demand for its products
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ ...
3 beaten-up US stocks Aussie investors are buying the dip on
Australian investors have been bargain-hunting among big-name US stocks, snapping up these beaten-down blue chips.
Nike withdraws annual forecast, signals weak holiday season
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
US dockworkers strike, Nike earnings: Morning Brief
Today on Catalysts, hosts Brad Smith dissect the ongoing US port strike and trending company news. The show begins with a ...
Nike Inc. (NKE): Among the Best WallStreetBets Stocks to Buy Right Now
We recently compiled a list of the 10 Best WallStreetBets Stocks To Buy Right Now. In this article, we are going to take a ...
Nike reports weak results ahead of CEO switch; US labor market remains resilient
The lackluster results came after the company announced last month that CEO John Donahoe, is stepping down on Oct. 13.
As Nike struggles, Adidas must surf Samba wave with caution
Nike's ongoing struggles are giving Adidas a chance to keep taking market share from its larger US rival, but the German ...
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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 ...
Nike Names New Head of North America in Push to Fix Core Business
The naming of Tom Peddie as Nike’s general manager of North America comes days ahead of incoming Chief Executive Elliott Hill ...