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(Reuters) -Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have ...
Shares rose after earnings but dropped after forecast Nike's China revenue down 17% in quarter, worrying investors Popularity of new shoes offset by discounts on old lines March 20 (Reuters ...
Nike NKE-0.93%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker giant contends with new tariffs, sliding consumer confidence and a slower than ...