Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
Which Retailers Could Suffer From a Nike Revival? Morgan Stanley has Ideas.
Key Takeaways Nike is unlikely to achieve a turnaround until 2026, Morgan Stanley said in a note published Thursday.If the ...
Buying your Nike shoes online is getting a lot more expensive
Nike is shifting to a fuller-price online model for its online store, cutting discounts and promotions.
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
5 Best Nike Basketball Shoes You Can Buy Right Now for $66 or Less
Nike makes some of the most desirable basketball shoes on the planet, but the sneakers frequently cost $100 or more. But that ...
Nike executives named in settled lawsuit related to sexual harassment and gender discrimination
Tinker Hatfield, who designed many of the popular Air Jordan sneakers, was one of the employees named in the lawsuit ...
NIKE, Inc. (NKE) Q3 2025 Earnings Call Transcript
Q3 2025 Earnings Conference Call March 20, 2025 5:00 PM ETCompany ParticipantsPaul Trussell - Vice President of Corporate Finance ...
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 Executives Say Turnaround Plan Will Take Time
Nike shares fell 5% in after-hours trading after the company reported a 9% decline in sales during the winter months and said it expected a similar drop in the spring season. “We're not satisfied with ...