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NIKE SALES DECLINE
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These h...
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...
US stocks: Lululemon sinks after new CEO hire from Nike fails to impress investorsLululemon Athletica shares tumbled about 12% in early trading on Thursday, as the struggling athletic apparel maker's decision to tap a CEO...
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
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...
Apple's Tim Cook doubles Nike stake, endorses CEO Hill's turnaround pushAs of December 22, Tim Cook held about 105,000 shares, according to the filing released on Tuesday.
Nike stock today: Why NKE is surging after Apple CEO Tim Cook’s biggest insider buy in over a decadeNike stock today: Nike stock saw a significant jump after Apple CEO Tim Cook doubled his personal investment. Cook purchased shares worth a...
Nike shares rise 4% as Apple's Tim Cook doubles personal bet on CEO Elliott Hill's overhaul effortNike shares rose nearly 4% in early trading on Wednesday after Apple CEO Tim Cook doubled his personal stake in the sportswear maker, rais...
Nike's China conundrum deepens as turnaround stagnates, shares slump 13%Nike is running out of time to prove its China playbook works as its sixth straight quarterly decline in sales in the country underscores h...
Nike's China conundrum deepens as turnaround stagnatesNike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike ...
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 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's comeback plans threatened by tariffs, overstocked shelvesNike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining consumer spendi...
This stock is down 50%, but billionaire Bill Ackman is doubling down on it. Is it your next big buy? Here are the fundamentalsBillionaire investor Bill Ackman has significantly invested in Nike despite its recent financial struggles. Ackman’s confidence suggests ex...
Despite inventory issues in North America, analysts think Nike can bounce backSome analysts are bullish on Nike's stock in the long run even as it faces a tough time due to the inventory difficulties in North America.
Nike cutting 2% jobs as part of business rejigThe overhaul is an attempt to speed up product development and refocus on key markets, CEO Mark Parker said in a statement on Thursday.
Is Nike the unidentified company in the FIFA bribery case?Nike said it's cooperating with authorities on the same day the US said that an unidentified sportswear company took part in bribing a Braz...
- Nike Inc. Q2 profit dips 1 percent
Nike Inc. says its second-quarter profit fell just 1 percent to $375.4 million, or 76 cents per share. Lower costs helped it withstand an 8...