Search results
Results from the WOW.Com Content Network
July 11, 2024 at 4:44 PM. Shares of athletic apparel company Nike (NYSE: NKE) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence. When taking out ...
Nike ( NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue ...
View more earnings on NKE. To Calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.48 in this case). So, $6,000 / $1.48 = 4,054 ($500 per month), and $1,200 / $1.48 ...
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. [ 6 ][ 7 ] The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971.
Nike ( NKE) stock slumped nearly 3% on Tuesday as Wall Street analysts trimmed their expectations for fourth quarter earnings. Ahead of the company's expected announcement after the bell on ...
Image source: Getty Images. In the fiscal fourth quarter that ended May 31, Nike's sales fell by 2% year over year to $12.6 billion, led by the floundering direct-to-consumer business, which ...
The company's damaging earnings report dragged the stocks of other sports apparel ... Nike stock sank more than 10% Friday after executives gave a weaker sales outlook for markets around the world ...
Nike stock is down nearly 20% for the year. "When we see a consumer pullback, oftentimes we see a crunch in dollars, and so people start to kick out their second, third, or maybe their fourth ...