Nike Revenue Disappoints

Nike revenues fall 10% ahead of CEO switch up | Vogue Business

Nike said revenues sank 10 per cent to $11.59 billion for the first quarter of fiscal 2025, down from $12.94 billion the year prior.

NKE: Nike Stock Sinks as Sales Dive 10%, Profits Plunge and ...

Nike stock NKE slipped 6% in after-hours trading Tuesday following the company's disappointing earnings report. · The world's largest maker of ...

Nike's profits plummet with no short-term recovery in sight

Nike reported this week a steep decline in its profits due to a slowdown in global sales and warned that a recovery will take time.

Nike: Revenue Miss, Fierce Competition Signal More Pain Ahead for ...

The market reacted negatively to Nike's fiscal Q1 2025 results. · The new CEO faces challenges in implementing a revised strategic direction.

After Earnings, Is Nike Stock a Buy, a Sell, or Fairly Valued?

Nike withdrew its full-year guidance but disclosed that sales and margin improvement are developing more slowly than expected. Consequently, we ...

Nike slides after supply-chain woes hit North America revenue

Even with the sales shortfall, Nike's earnings topped estimates. The company posted a profit of 90 cents a share, compared with a projection of ...

Nike Shares Plummet as Quarterly Sales, Outlook Disappoint

Despite these setbacks, Nike's earnings per share of 99 cents exceeded analysts' expectations by nearly 20%. Year-over-year, sales fell 1.7%, ...

Nike shares plunge as revenue target, investor day scrapped

Nike shares dropped by as much as 8.3% after the company withdrew its annual revenue target, leaving investors uncertain about the timeline ...

Nike's North American Growth Stalls In Q4, With Future Order ...

Driven by "gains overseas," overall revenue rose 6% for the quarter that ended May 31, but the results "disappointed analysts." Nike has " ...

Nike Stumbles as Gloomy Forecast Sends Shares Sprinting ...

Nike, Inc. (NYSE: NKE) reported its fourth-quarter earnings for fiscal year 2024, revealing mixed results and a disappointing forecast that ...

Nike withdraws annual forecast, signals weak holiday season - Mint

Oct 1 (Reuters) - Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that ...

Nike: Falling Short - by The Science of Hitting

Needless to say, this is cause for some concern. On revenues, either Nike management has consistently overestimated underlying growth / demand ...

Nike Shares Plummet on Gloomy Outlook - Value the Markets

Nike attributed its sales slump partially to underperformance in lifestyle brands like Air Force 1 and Nike Dunks, which heavily rely on online ...

Stock of the Week - Nike (04.07.2024) - XTB.com

Revenues in this segment fell by 4% year-on-year. The largest decline was seen in North American sales. These results are disappointing compared ...

Nike Sales Disappoint As Revenue Comes In Light - TradersDNA

Nike Sales Disappoint As Revenue Comes In Light. On Tuesday Nike (NKE) reported earnings that topped analysts' expectations, but the revenue ...

Nike sales slump 10%, shares plunge as new CEO faces massive ...

Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the sportswear giant battles weak ...

Will Nike Rebound? - Financhill

The primary reason for Nike's share price plunge over the past month has been attributable to a disappointing earnings report that failed to meet Wall Street's ...

Just Do It? After Financial Reports, Nike Is Just Done - TheStreet Pro

Brand Performance · Nike: Sales decreased 1% to $12.149 billion, producing EBIT of $2.138 billion (+13%) · Wholesale sales increased 5% to $7.1 ...

Nike withdraws annual revenue forecast, shares drop 6%

NEW YORK – Nike shares dropped 6 per cent after hours on Oct 1 as the company withdrew its annual revenue forecast and postponed its ...

Why did Nike's shares fall after it warned of a revenue shrink ... - Quora

Nike Shares jump after beating earnings on lower inventories and higher China sales. · The company noted inventories tumbled 10% to $8.7 billion, ...