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Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
Nike (NKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meanwhile, Nike's $0.99 earnings per share exceeded analysts' expectations of $0.66. Nike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion.
Nike stock sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.The shoe giant ...
Nike 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 Thursday, June ...
Nike (NYSE:NKE) announced its latest quarterly earnings report after the bell today and the company brought in results that were stronger than what analysts were calling for, but NKE stock was ...
Nonetheless, earnings per share (EPS) plunged 26% to $0.70. But that was more than the $0.52 that analysts were looking for coming into the report. Given Nike's struggles, one metric to watch is ...
Nike is set to report its earnings results on Oct. 1. Typically, companies will look to make CEO change announcements alongside other important news, such as earnings; why Nike didn't wait to make ...