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Nike, a bellwether for the global economy, sounded a warning sign Thursday as the sneaker giant sees consumers becoming more cautious. Nike says it will cut $2 billion in costs in a major warning ...
Elliott Hill, president & CEO of Nike, Inc., third from right, waited to speak after the commissioner. Nike, Inc. and the NFL announced a landmark 10-year partnership extension at the press ...
Barclays consumer discretionary senior analyst Adrienne Yih described the report as a "relief," as it defied a growing narrative that Nike could be caught up in the mounting macro headwinds many ...
Entrepreneurs (left to right) Jason Guerra, Jay Samuels and Valeria Olivero shout as they sell shoes during Sneaker Con at the Broward County Convention Center in Fort Lauderdale, Florida, on ...
Most of that growth was driven by its Nike Direct division, which sells direct-to-consumer products through its online and brick-and-mortar stores. But in fiscal 2024, its sales stayed nearly flat.
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 ...
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