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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 defected to trendier ...
Earlier, Nike reported third-quarter results that beat expectations on a promising consumer response to new shoe launches like the Pegasus Pro and Vomero 18. Revenue in China, though, was down 17% ...
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.
Nike NKE-0.02%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 ...
Nike reports third-quarter revenue of $11.27 billion, beating analyst estimates of $11.01 billion. Nike reports third-quarter earnings of 54 cents per share, beating analyst estimates of 28 ...
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 ...