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Athletic shoe and apparel maker Nike (NYSE: NKE) has been a major loser -- down over 23% year to date to make it the third worst-performing stock in the index behind only Boeing and Intel.
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.
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Three quintessentially American companies — Starbucks, Nike and Boeing ...
This is a summary list of the teams that have worn City Connect uniforms, their reveal dates, their on-field debut dates, their most recent use, the number of times each team has worn in total and the total for the current season, and their usage patterns during the 2024 MLB season. (Updated through September 29, 2024)
Nike reports annual revenue for fiscal year 2005 (ending May 31) of $13.74 billion, a 12% increase over the previous fiscal year. Nike Signs Tennis Pro Rafael Nadal. Nike introduces Nike Free. 2006 Nike enters the cricket market with a 5-year sponsorship of the Indian cricket team for US$43m. 2007 CEO William Perez leaves Nike on January 23, 2006.
Nike's stock plunged after a disappointing earnings report and weak near-term outlook. What's next for the footwear and sporting goods titan?
After Pittsburgh went 88 yards only to have the ball intercepted in the endzone, the Bills drove down the field and capitalized on a 52-yard run by Allen for a touchdown to increase the lead to 21–0 (the run was a career-long for Allen and the second longest run by a quarterback in a playoff game next to Colin Kaepernick's 56-yard run in the ...
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