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In November 2023, Nike announced a 9% dividend increase -- marking the 22nd consecutive year the company raised the dividend. Nike now yields a respectable 1.8% -- which is higher than the yield ...
As of 10:30 a.m. ET today, Nike stock was down 7%. Nike's unanswered questions. ... But these profits were still down 28% year over year. Moreover, first-quarter revenue of $11.6 billion was down ...
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 ...
The drop was especially steep in the US, where sales fell 10%; and in China, where they were down 14%. Basically, demand hasn’t been this low since the first year of the pandemic.
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Nike shares were down 1.5% as of Friday morning and have also lost more than half of its value since November 2021 while struggling to match new rivals in the footwear game, Reuters reported. "We ...
The world's largest footwear maker still has a lot to prove.
Nike's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time, investors were impressed by its quick recovery from the pandemic, the ongoing expansion of its Nike Direct ...