Nike NKE-0.93%decrease ... The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the midteens from a year ago, albeit at the low end ...
Shares of Nike ended Friday's trading session down 5.5% after falling as much as 9% at market open. The footwear giant posted its fiscal third quarter earnings on Thursday after the market close.
1 Tax effect was determined by applying the tax rate applicable to the specific item. 2 Diluted earnings per share excluding the restructuring charges is a non-GAAP financial measure. The most ...
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NEW YORK, March 21 — Athletic footwear and apparel giant Nike yesterday reported a 9 per cent decline in third-quarter revenues, as the company continues to navigate challenging market conditions. The ...
[NEW YORK] Nike’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to take hold. Revenue fell 9 per cent to US$11.3 billion for the quarter ...
March 21 (Reuters) - Nike (NKE.N), opens new tab shares closed down 5.7%, falling to a five-year low on Friday after a warning of another quarter of sales decline sparked worries about the pace of ...
Nike has reported a 9% drop in third-quarter sales for fiscal 2025, with sales totaling £9.1bn ($11.3bn), down from £10.1bn ($12.4bn) last year. On a currency-neutral basis, the decrease is ...
Nike on Thursday (March 20) 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 ...