While Nike did beat analyst estimates, its Q4 guidance indicated that performance would get even worse. The company sees ...
Nike stock may have found a floor with the hope that new CEO Elliott Hill can "right the ... on Nike stock from $75 to $115. He said the current valuation of Nike's stock is the lowest its been ...
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround ... factors that create uncertainty in the current operating environment, including geopolitical ...
Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a ...
Nike also expects gross margin to decline sharply in the current quarter from a year earlier, in part due to US tariffs on products from China and Mexico.
Nike beat expectations, but continued revenue declines and strategic uncertainty make the stock hard to trust right now.
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
"We are also navigating through several external factors that create uncertainty in the current operating ... than what I remembered," CEO Elliott Hill, who left Nike in 2020 and returned last ...
Nike NKE-1.26%decrease ... The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the midteens from a year ago, albeit at the low end ...