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A Nike basketball is seen on the floor during the Phil Knight Invitational at Moda Center on Nov. 24, 2022 in Portland, Ore. (Michael Hickey/Getty Images) (Michael Hickey via Getty Images)
It has been a rough few years for Nike (NYSE: NKE). The global footwear and apparel giant has seen its revenue stagnate since 2022, with sales actually down 3% from highs over the last 12 months.
Nike (NYSE: NKE) is one of the best-performing consumer goods stocks of all time. Shares are up more than 46,000% since the company's 1980 initial public offering and would have turned a $1,000 ...
Nike (NYSE: NKE), one of the world's largest athletic footwear and apparel makers, was once considered a resilient blue chip stock.But over the past 12 months, its stock declined 25% as the S&P ...
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Shares of Nike tumbled as much as 14% Friday. Customers are switching their behavior, passing up discretionary purchases — like expensive sneakers and athletic wear — for basics and ...
Nike reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.
Nike's revenue rose 5% in fiscal 2022 (which ended in May 2022) and 10% in fiscal 2023. Most of that growth was driven by its Nike Direct division, which sells direct-to-consumer products through ...