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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.
Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than-expected Producer Price Index (PPI) report, showing inflation was falling ...
March 24, 2023 1 year, $3.25 million WR Odell Beckham Jr. None [A] April 9, 2023 1 year, $15 million CB: Rock Ya-Sin: Las Vegas Raiders: May 3, 2023 1 year, $4 million C: Sam Mustipher: Chicago Bears: May 15, 2023 1 year, $1.01 million QB: Josh Johnson: San Francisco 49ers: May 22, 2023 1 year, $1.32 million DE: Angelo Blackson: Chicago Bears ...
The 2023 Arizona Diamondbacks season was the franchise's 26th season in Major League Baseball and their 26th season at Chase Field in Phoenix, Arizona, as members of the National League West. They were managed by Torey Lovullo in his seventh season with the franchise. The Diamondbacks drew an average home attendance of 24,212 in 81 home games ...
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For the first time, the NWSL Challenge Cup ran entirely concurrent with the regular season from April to September 9, 2023. [1] NJ/NY Gotham FC won their first league championship by defeating OL Reign in the NWSL Championship at Snapdragon Stadium in San Diego, California .
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.