Nike forecasts fourth-quarter revenue below estimates, shares drop
Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...
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Adidas Aims to Increase Sales, Win Market Share Amid Nike’s Struggles
Adidas ADS0.18%increase; green up pointing triangle is targeting continued sales growth and market-share gains this year, as arch-rival Nike NKE-0.53%decrease; red down pointing triangle seeks a ...
Nike Q3 EPS Outperforms, Revenue Down 9%
Sports apparel giant Nike ( NKE -1.90%) reported fiscal 2025 third-quarter results on Thursday, March 20, that topped analysts' consensus estimates. Earnings per share (EPS) of $0.54 exceeded ...
Nike's turnaround is starting to work, thanks to sports
Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said ...
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Nike Q3 EPS Outperforms, Revenue Down 9%
Despite the market challenges, Nike aims for continued growth through brand storytelling and engaging with athletes. The direction towards a "Win Now" strategy underscores its focus on ...
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Adidas Aims to Increase Sales, Win Market Share Amid Nike's Struggles — Update
Adidas is targeting continued sales growth and market-share gains this year, as arch-rival Nike seeks a turnaround to revive its struggling brand. The German sporting-goods company embarked on its ...