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Nike stock sinks after company projects larger sales decline than expected in 2025
Yahoo Finance· 6 days agoNike's direct-to-consumer sales declined 8% from the same quarter a year ago to $5.1 billion....
Nike faces tough turnaround as sales fall amid growing competition
Axios· 6 days agoNike's business is more of an oof than a swoosh at the moment. Why it matters: Investors have been abandoning ship as Nike's strategies — both in innovation and distribution — have struggled ...
Nike stocks see their biggest drop since 2001 amid weak fiscal outlook
Los Angeles Times· 6 days agoNike Inc. shares sank after the sneaker company’s full-year outlook missed expectations, stoking investor concerns about waning demand and competition from upstarts On and Hoka, as well as rival ...
Why Micron Is a Better Market Indicator than S&P 500 Rally, Trump, Biden. And 4 Other Things to Know...
Barrons.com· 7 days agoWalgreens is closing a significant number of stores as outlook weakens, Nike outlook confirms fears...
S&P 500 Rally Hits a Wall at End of Banner Quarter: Markets Wrap
Financial Post· 7 days agoTraders are rearranging their positions in the aftermath of the debate between Joe Biden and Donald...
Nike stock sinks after company projects larger sales decline than expected in 2025
AOL· 6 days agoNike (NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue ...