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Nike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion. "Fiscal [2025] will be a transition year for our business," Nike CEO John Donahoe said during the ...
Saunders noted that at the same time, smaller rival brands have moved into Nike's territory and successfully connected with consumers in a way that Nike has failed to do. Nike posted net income of ...
The daily fluctuations in Nike’s share price can make for a broad valuation range for Nike as a company. Nike Net Worth One simple way to calculate a company’s net worth is to subtract its ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
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Nike's sales slumped in both its direct-to-consumer business and its wholesale division. Nike Direct revenues were $4.7 billion, a 13% decline from the same quarter a year ago.
Nike reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.
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