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Data source: Nike. All columns are for the fiscal first quarter, ended Aug. 31. As you can see in the table, Nike's revenue and gross margins have flatlined while its earnings are down.
Data source: Nike. Chart by author. Nike expects that slowdown to deepen, with a mid-single-digit drop in its reported revenue in fiscal 2025. Analysts are bracing for a 5% decline.
Shares are now down 56% from their pandemic-era peak, and the company has consistently lost market share to upstart rivals like On Holding and Deckers' HOKA brand. Nike also expects sales to fall ...
The new guy, Elliott Hill, is only a couple of weeks in but already secured a 12-season extension of Nike’s partnership with the NBA and WNBA, ensuring the swoosh will stay on pro-basketball’s ...
The 2023 NFL league year and trading period began on March 15. On March 13, teams were allowed to exercise options for 2023 on players with option clauses in their contracts, submit qualifying offers to their pending restricted free agents, and submit a Minimum Salary Tender to retain exclusive negotiating rights to their players with expiring 2022 contracts and fewer than three accrued ...
The 2023 Arizona Diamondbacks season was the franchise's 26th season in Major League Baseball and their 26th season at Chase Field in Phoenix, Arizona, as members of the National League West. They were managed by Torey Lovullo in his seventh season with the franchise. The Diamondbacks drew an average home attendance of 24,212 in 81 home games ...
For the first time, the NWSL Challenge Cup ran entirely concurrent with the regular season from April to September 9, 2023. [1] NJ/NY Gotham FC won their first league championship by defeating OL Reign in the NWSL Championship at Snapdragon Stadium in San Diego, California .
Nike (NYSE: NKE) stock posted substantial gains in Monday's trading trading. The company's share price ended the daily session up 3%, according to data from S&P Global Market Intelligence .