Nike forecasts surprise revenue fall as upstarts steal marketshare

Nike on Thursday forecast a surprise drop in fiscal 2025 revenue, hurt by faltering demand for its sneakers as consumers covet newer brands ...

Nike forecasts surprise revenue fall as upstarts steal marketshare ...

Nike forecasts surprise revenue fall as upstarts steal marketshare; stock dives. Jun 27, 2024 at 8:19 pm GMT. Rewrites to add details from conference call and ...

UPDATE 6-Nike forecasts surprise revenue fall as upstarts steal ...

UPDATE 6-Nike forecasts surprise revenue fall as upstarts steal marketshare; stock dives. Reuters · 06/27 13:19. Share. Please log in to view news. About Webull.

Ananya Mariam Rajesh on LinkedIn: Nike forecasts surprise ...

Nike on Thursday forecast a surprise drop in fiscal 2025 sales, as its direct-to-consumer strategy falters and faces stiff competition from ...

Ari Alm on LinkedIn: Nike forecasts surprise revenue fall as upstarts ...

Ari Alm's Post · Nike forecasts surprise revenue fall as upstarts steal marketshare; stock dives By Reuters · More Relevant Posts · Boohoo considers break-up of ...

Nike Forecasts Surprise Revenue Fall as Upstarts Steal Marketshare

Reuters Nike on Thursday forecast a surprise drop in fiscal 2025 revenue, hurt by faltering demand for its sneakers as consumers covet newer ...

Nike forecasts surprise revenue fall as upstarts steal marketshare - XM

Nike forecasts surprise revenue fall as upstarts steal marketshare; stock dives ... June 27 (Reuters) -Nike NKE.N on Thursday forecast a surprise ...

Nike stock plunges on surprise forecast of drop in sales - Al Jazeera

It was the worst day ever for the stock with losses wiping out $28.4bn from Nike's market valuation. Nike shoes of Naomi Osaka during the match ...

Nike stock plunges as gloomy sales forecast fans growth concerns

Nike faces stock woes and market challenges, prompting a potential shift in leadership under CEO John Donahoe's digital-focused strategy.

Nike to post steepest sales drop since COVID, analysts expect target ...

Nike's first-quarter revenue is expected to decline 10% to $11.65 billion, its steepest drop in more than four years, and a drop of 44.7% in earnings per share ...

TIMELINE-Key events at Nike under CEO John Donahoe - LongPort

The company is set to vote on a workers' rights agreement at its upcoming virtual annual meeting, amid a 25% drop in stock value this year.

Nike (NKE) earnings Q4 2024 - CNBC

... market share it's ceded to upstarts like On Running and Hoka ... For the fiscal fourth quarter, the sneaker giant handily beat earnings estimates ...

SNPC Consultants | » Nike forecasts surprise revenue fall as ...

sulfur,business,company,agency,multipurpose,modern,bootstrap4.

Nike shares tumble as it loses ground to upstart rivals - BBC

Nike has said it expects a surprise 10% drop in quarterly revenue, as it faces growing competition from newer rivals such as On and Hoka.

Nike (NKE) PT Lowered to $105 at Evercore ISI - StreetInsider

As such, guidance for F2H revenues to accelerate leaves some risk until Nike can cycle through a full 12 months of the retro pullback (which it ...

Nike Shares Slide After It Withdraws Year Forecast - WSJ

Nike's revenue fell 10% in the latest quarter, and its profits fell 28% from a year ago. Nike executives warned on Tuesday that sales could fall another 10% in ...

Nike (NKE) PT Lowered to $67 at Williams Trading - StreetInsider

Nike (NKE) PT Lowered to $67 at Williams Trading. June 28, 2024 ... forecasts surprise revenue fall as upstarts steal marketshare; stock ...

Nike sinks as it forecasts surprise fall in 2025 revenue - RTE

If current losses hold, Nike's shares were set for their worst day in more than two decades and wipe out nearly $27 billion in market value. " ...

Nike Withdraws Guidance, Earnings Top Views But Sales Still Slump

Nike earnings manage to beat analyst estimates. Revenue missed views as softness in North America and China continues. Nike stock dips.

Nike Stock Falls 20% as 2025 Sales Forecast Drops

Nike's stock plummeted by 20% in late June, reducing its market valuation by US$28.41 billion (MX$518.11 billion).