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1 dzień temu · On Thursday, Nike reported a $5.7 billion profit for the fiscal year, which ended May 31. That’s an almost 12% increase from the $5.1 billion the company made the previous year. Revenues stayed ...
7 godz. temu · The Nike store in Eugene. The Oregon-based shoemaker recently laid off 740 employees at its headquarters near Beaverton as part of a multiyear effort to save around $2 billion. Nike said profits ticked up slightly from last year as the worldwide sneaker giant trims expenses, cuts workers and changes ...
1 dzień temu · Nike’s management team, led by Chief Executive Officer John Donahoe, is facing growing criticism from Wall Street as a prolonged sales slump sparks the stock’s biggest rout since 2001. The ...
1 dzień temu · Athletic apparel giant Nike ( NKE) reports earnings after the bell Thursday for the fourth quarter of its fiscal 2024 as the company looks ahead to opportunities to boost its business—like the ...
1 dzień temu · Nike's share price was down about 10% in the first two hours ... which was driven by a 10% drop in digital brand revenue and a 2% decline in Nike-owned store revenue. ... A total of 740 employees ...
1 dzień temu · (Reuters) -Nike on Thursday forecast a surprise drop in fiscal 2025 revenue, hurt by faltering demand for its sneakers as consumers covet newer brands such as On and Hoka, pushing its shares down ...
1 dzień temu · Nike reported lower revenue in the latest quarter after seeing a significant drop in sales in its key footwear business in North America. Shares fell 5.5%, to $89.00, in post-market trading. The ...
