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NIKE REVENUE FORECAST
Nike's struggles test investor confidence in CEO Hill's turnaround effortNike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to re...
European shares edge higher after bonds-driven selloff, focus on inflation dataFollowing a sharp selloff, European stocks made a modest recovery, influenced by recent shifts in the bond market. Investors are keeping a ...
Nike stock plunges after shocking earnings report, company plans lay offsNike earnings statement shows that the company projected sales in the current fiscal year would fall by "high-single digits". Nike reported...
Nike stock falls after revenue miss, NKE forecasts 2027 revenue decline and announces layoffs - here's what investors need to knowNike stock after NKE earnings: Nike stock is down after the company reported a quarterly revenue miss and forecast a high-single-digit reve...
Nike’s shoe doesn't fit: How did the swoosh lose its winning edge?Nike’s decline is raising questions about how the sportswear giant lost its competitive edge. Falling revenue, a collapsing market value, w...
Lululemon cuts outlook again, highlighting to-do list for new CEOLululemon shares tumbled about 18% after the athleisure company cut its full-year outlook again and missed quarterly sales estimates. Sales...
US Stocks: Nike shares fall on grim sales outlook; China woes hit turnaround plansShares of Nike fell as investors raised alarms over the slow pace of recovery with CEO Elliott Hill at the helm for nearly two years. While...
Nike layoffs 2026 breakdown: Why is Nike cutting 1,400 jobs? Which departments and regions are hit hardest?Nike layoffs 2026 explained: Nike is cutting jobs again. About 1,400 employees will be affected, mostly in global operations and technology...
Nike stock (NKE) today crashes after beating earnings estimates: Why investors are concerned despite strong resultsNike stock NKE today: Nike's stock dipped after its latest earnings report. The company reported better-than-expected earnings per share an...
Nike stock fell 10% today after earnings: Why tariffs and falling margins spooked NKE investorsNike stock today: Nike's stock plunged over 10% as gross margins declined for a second straight quarter, impacted by tariffs and inventory ...
Nike layoff: Sportswear maker plans job cuts. Who will be affected?As of May 31, Nike had about 77,800 employees worldwide, including retail and part-time employees.
Nike plans to reduce reliance on China production for US market to soften tariff blowNike plans to reduce its reliance on Chinese production for the American market. This is to lessen the impact of US tariffs. The company an...
Nike cuts some jobs in technology divisionNike will shift some of that work to third-party vendors, the representative said in an email, adding that the changes were announced last ...
Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopesNike shares dropped 5.7% to a five-year low, following disappointing projections and a substantial sales decline in China. The new CEO's 'W...
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
Nike forecasts downbeat quarterly revenue on lingering China worries"We are taking a cautious approach to Greater China, given uncertainty around additional COVID disruptions," Nike Chief Financial Officer M...
Nike shares hit record high as sales get post-lockdown boostThe company's fourth-quarter revenue also nearly doubled, topping $12 billion for the first time and overshadowing a weaker-than-anticipate...