Search results
Results from the WOW.Com Content Network
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 ...
Why Nike's Stock Crashed 60% in 4 Simple Charts. Leo Sun, The Motley Fool. July 24, 2024 at 6:45 AM. Nike 's (NYSE: NKE) stock hit an all-time high of $172.49 on Nov. 5, 2021. At the time ...
Image source: The Motley Fool. Nike (NYSE: NKE) Q4 2024 Earnings Call Jun 27, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants ...
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.
The company's damaging earnings report dragged the stocks of other sports apparel companies down Friday. Nike stock plunges on weak revenue outlook as company announces cost cuts [Video] Skip to ...
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's stock plunged around 10% in pre-market trading on Friday following the sneaker giant's latest earnings. The company's ticker page was the most active on the Yahoo Finance platform .
Nike’s reported adjusted earnings of $0.85 per share, marking the first year-over-year increase in four quarters, and topped expectations for $0.65. The surge in sales overshadowed the company ...