Nike Revenue Disappoints
Nike Revenue Disappoints, but Jordan Brand Hits $7B for Year
Jordan was the strongest performer of Nike's divisions with a 6% sales gain to $7 billion, and the brand has doubled since 2020.
Nike withdraws annual forecast, signals weak holiday season
Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that is staring at a ...
Nike Faces Headwinds: Revenue Decline Looms Ahead
Under Donahoe, the company faced criticism when its market capitalization dropped by $28 billion following disappointing earnings projections, ...
The Reasons Why Nike Are Struggling Right Now - Features
Finance experts everywhere wasted no time explaining and speculating what led to the decline of Nike's revenue, blaming it on factors including ...
Nike dropped 53% (in 3 yrs), but I'm still not convinced it's low enough.
I'm keeping in mind that consumer products, like Nike, take a hit when the economy goes bad. They predict revenues to drop by mid-single-digit ...
Nike Withdraws Revenue Forecast Amid Leadership Change, Sales ...
Earlier in the day, shares had fluctuated after the company reported disappointing quarterly sales growth, despite surpassing Wall Street profit ...
Nike Revenue Disappoints, but Jordan Brand Hits $7B for Year
The company reported revenue of $12.6 billion, down 2%. One bright spot: Earnings per share of $0.99 topped the $0.85 forecast.
Nike expects more revenue declines ahead after 'sluggish' Q4
Nike reported disappointing fourth-quarter and full-year results on Thursday, with revenue down 2% to $12.6 billion in Q4 and roughly flat at ...
Nike's 20% Share Drop in June 2024: A Cautionary Tale Amid ...
Nike's stock fell 20.7% in June due to a disappointing earnings report. Although revenue missed expectations, the bigger issue was a revenue drop for Converse.
Nike Stock Drops 6% with Revenue Forecast Withdrawal and Low ...
Nike share price tumbled by 6% in after-market trading as it withdrew annual revenue forecast as it is staring at a holiday season.
Nike Shares Plunged on Disappointing Guidance. Is This a Slam ...
Shares of Nike (NKE -0.18%) plunged after the athletic apparel and footwear company disappointed investors by forecasting a surprise sales ...
Nike Stock Plummets as Revenue Drops 10%—Big Trouble Ahead?
Nike just reported their quarterly earnings, and it's surprising to see their stock down 4%, especially since they beat earnings per share ...
Nike Sales Keep Tanking : r/Infographics - Reddit
Unfortunately for Nike because the brand wasn't built on actually quality they can't just improve the quality of the shoe and see sales increase ...
Nike Stock's Disappointing Run Could End Soon - EWM Interactive
Nike stock reached an all-time high of $179.10 a share in late-2021 and is down by 54.4% since. That selloff isn't entirely detached from fundamentals.
What's Next for Nike After Disappointing Q4 Results, Outlook for 2025
Nike shares plunged Friday, a day after the company reported disappointing fourth-quarter sales and guidance for fiscal 2025.
Nike stock slides as company withdraws guidance amid CEO change
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the ...
NIKE, Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results
NIKE Direct revenues were $5.1 billion, down 8 percent on a reported basis and down 7 percent on a currency-neutral basis, due to declines in ...
Nike Stock Sinks on Dismal Sales Forecast: What to Know - Kiplinger
Nike (NKE) stock plunged more than 17% out of the gate Friday after the footwear and apparel giant reported revenue for its fiscal fourth ...
Nike Faces Unprecedented Stock Plunge Amid Strategic Missteps
The company's shares plummeted by 20% following the disappointing earnings call, marking the worst single-day performance since its IPO.
Nike Stock Price Falls Drastically Amidst Disappointing Q4 Earnings
Nike Stock Price Falls Drastically Amidst Disappointing Q4 Earnings: The stock price fell over 20% after the company projected a 10% sales ...