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Nike (NKE) is taking a step in the right direction under new CEO Elliott Hill. The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 ...
Nike stock sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO transition.The shoe giant ...
The dawn of a new and sportier Nike is imminent, the sportswear giant's new leader says. Nike CEO Elliott Hill, who took the helm in October, outlined plans to revamp the sneaker giant in a ...
The company expects the plan to cost between $400 million and $450 million pre-tax in the current quarter due to employee severances. Nike has been slashing employee numbers since 2020.
This list displays all 24 French companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
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.
France: Sold subsidiary and exited Russia. [119] 30 May 2023: Michelin Guide: Guide France: Restaurant recommendations in Russia [120] 2022: Microsoft: Technology corporation United States: Sales in Russia. [121] Suspends licences for Russian companies. [122] 2022 30 September 2023: Moncler: Fashion Italy: suspend operations in Russia [2] 2022 ...
It also gave a softer revenue outlook of about 1% growth for its current fiscal year, compared to a prior projection of mid-single digits. Nike said it would cut jobs and expected sales to flag as ...