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Data source: Nike. All columns are for the fiscal first quarter, ended Aug. 31. As you can see in the table, Nike's revenue and gross margins have flatlined while its earnings are down.
Data source: Nike. Chart by author. Nike expects that slowdown to deepen, with a mid-single-digit drop in its reported revenue in fiscal 2025. Analysts are bracing for a 5% decline.
Nike also expects sales to fall in the current fiscal year. There's no doubt that the brand is in trouble and needs some kind of change. A new CEO certainly isn't out of the question.
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12] In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970. [13] [14] On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June ...
Nike’s problems stem from its own strategic missteps — like not focusing enough on making cool shoes — as well as growing competition from younger upstart brands like Hoka and On.
This is an accepted version of this page This is the latest accepted revision, reviewed on 1 February 2025. This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources. The Last Judgment by painter Hans Memling. In Christian belief, the Last Judgement is an apocalyptic event where God makes a final ...
The 2023–24 network television schedule for the five major English-language commercial broadcast networks in the United States covers the prime time hours from September 2023 to August 2024. The schedule is followed by a list per network of returning series, new series, and series canceled after the 2022–23 television season .
Like sports-team fans in the middle of a disastrous season, Nike (NYSE: NKE) stock investors likely can't wait for its losing streak to end. Shares are down 24% this year, with an even steeper 52% ...