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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.
Despite the sharp decline, Nike's stock still commands a premium valuation at 30.8 times forward earnings. Like an athlete going through a slump, Nike (NYSE: NKE) finds itself at a critical ...
In North America, Q2 revenue was down 8%. NIKE Direct declined 15%, with NIKE Digital down 22%, and NIKE Stores down 3%. Wholesale declined 1%. EBIT declined 10% on a reported basis. Highlights in ...
Its revenue from the Nike Brand came in at $11.95 billion, down 7% year over year across all geographies. Revenue from its direct-to-consumer business, Nike Direct, fell 13% on a reported basis ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] 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.
Nike Direct: Apparel/Footwear specialty 17,136 ... Beaverton United States: 60 CP All: Convenience/Forecourt store 16,780 3.0%: Bangkok Thailand: 61 Conad: Supermarket 16,366 ... Bologna Italy: 62 Rite Aid: Drug store/Pharmacy 16,365 -0.4%: Camp Hill United States: 63 Kingfisher: Home improvement 15,880 4.8%: London United Kingdom: 64 BJ's ...
Nike (NYSE: NKE) is proving that even some of the most dominant and well-known businesses can hit a rough patch. ... Revenue in fiscal 2024 (ended May 31) totaled $51.4 billion, 85% higher than in ...
Nike and Apple release the Nike+iPod sports kit, enabling runners to log and monitor their runs via iTunes and the Nike+ website. Nike reports annual revenue for fiscal year 2006 (ending May 31) of $15 billion. 2007 Nike introduces the Second Coming, a group of NBA basketball players who best represent the Nike Basketball.