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Nike sales slump 10%, shares plunge
Nike sales slump 10%, shares plunge as new CEO faces massive challenge weeks before taking over
The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as Air Max Dn and Pegasus 41 to revive demand.
Nike shares drop as investors fret over murky turnaround timeline
Oct 2 (Reuters) -
Nike
(NKE.N), opens new tab shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline ...
Nike’s quarterly sales and profits slump as it faces shoppers’ sluggish demand for its products
Nike has reported a slump in sales and profits for its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models.
I found 11 Amazon deals under $50 before Oct. Prime Day
I've Been Searching Through the Top Amazon Prime Day Deals, and Here Are 100+ Discounts That You Definitely Won't Want to Miss
Prime Day now closer than ever, this is the time to start checking out all the best deals before they're gone for good.
Best Prime Day TV deals to shop in October 2024: Save up to $2,000
Amazon's Prime Big Deal Days sale kicks off tomorrow, but you don't have to wait to save up to $2,000 on TVs from brands like Samsung, TCL, and Sony.
Amazon's Prime Big Deals might surprise you this October
Many of the deals that Amazon is advertising for its Prime Big Deal Days this month aren't your typical holiday gifts. To be sure, the company describes the sales event as "epic deals ahead of the holiday season" (note the "ahead" here).
5d
Massive Nike outlet sale — here's 15 deals I'd get now on apparel and sneakers from $18
Nike Everyday Plus Cushioned Training Crew Socks: was $22 now from $18 @ Nike There are socks for working out and socks for ...
12h
Why Is Nike Down Over 23% Year to Date When the Dow Jones Is Hitting All-Time Highs?
As Nike's stock price has languished, its dividend yield has gone up. In November 2023, Nike announced a 9% dividend increase ...
2d
Barcelona and Nike finalising historic €140 million per season agreement
The long-drawn sponsorship saga between Barcelona and Nike finally appears set to reach closure as the two parties are very ...
Fashion United
4d
Nike posts steep revenue decline ahead of CEO transition
For the first quarter, Nike revenues of 11.6 billion dollars, were down 10 percent on a reported basis and 9 percent on a ...
5d
Will Nike Sales Miss the Mark Again?
Nike is expected to report a 10% decline in quarterly sales from a year earlier in Tuesday's earnings report, and could cut ...
4d
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Revolve Group (RVLV) and Nike (NKE)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Revolve Group (RVLV – Research ...
13d
Sign up for a free Nike membership and unlock exclusive discounts, free shipping and more
Learn everything you need to know about the free Nike membership and start earning rewards, free shipping and more.
Tuko on MSN
5d
Nike earnings drop, says turnaround will take time
Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO. The athletics company's financials ...
6d
Nike to Post Steepest Sales Drop Since COVID, Analysts Expect Target Reset
Nike's first-quarter revenue is expected to decline 10% to $11.65 billion, its steepest drop in more than four years, and a ...
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