Nike warns its turnaround will be a slog, after results beat expectations
Nike offered a muted forecast on Thursday, reversing gains in its shares made earlier in the day after the embattled ...
Nike just laid out an ambitious turnaround plan. But it will come at a cost.
But in the process of being more Nike, sales up ahead will suffer, as the company embarks on those plans and runs a massive clearance on its older and classic sneakers in an effort to make space for ...
Nike Sees Big Drop in 3Q Revenue Amid Push to Clean Up Inventory — Update
For the fiscal third quarter, Nike expects revenue to be down low double digits despite the benefits from Cyber Week and more than the 7.7% decline expected by FactSet, and gross margins to decline ...
Nike results beat low expectations; CEO warns turnaround will be a slog
Nike's results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes ...
Nike posts smaller fall in second-quarter sales as newer launches drive demand
Nike posted a smaller-than-expected drop in second-quarter revenue on Thursday, as the embattled sportswear brand's release ...