Nike, Inc. Newsroom NIKE, INC. NEWSROOM
WEBRead the latest NIKE, Inc. news and product announcements. Download high res imagery and press release copy.
Nike says it will cut $2 billion in costs in a major warning for ...
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as …
Nike expects more sales declines as it attempts a comeback - NBC News
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected …
Nike CEO John Donahoe under fire from Wall Street after Q424 report - CNBC
WEBJun 28, 2024 · Nike CEO John Donahoe comes under fire as stock sees worst day on record. Nike posted dismal fiscal 2025 guidance that sent shock waves through Wall Street, leading at least six investment...
Nike is in a slump | CNN Business
WEBJun 27, 2024 · New York CNN — Nike posted sluggish growth as the largest sportswear brand in the world faced rising competition, a consumer pullback in its key markets and strategy missteps. Nike’s sales grew...
Nike’s new chief runs into trouble as turnaround efforts falter
WEBJul 9, 2024 · Wall Street, disappointed with Nike stock that has fallen 30 per cent since the start of the year, is openly calling for “regime change” in upper management. “Having a tech executive who came in...
Nike pivots its strategy, looks once again to outside retailers to ...
WEBMar 22, 2024 · Amid faltering demand for shoes and clothing and slipping digital sales, Nike Inc. on Thursday said it will bank a lot more on the thing it has spent the past several years turning away from:...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · Dr. Muge Erdirik Dogan will join NIKE, Inc. as Chief Technology Officer (CTO) to further deepen and strengthen the speed, efficiency, and quality of Nike’s consumer experiences with products ...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes wi.
Nike beats estimates boosted by discounts, promotions; shares …
WEBDec 20, 2022 · Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North American shoppers rushed to stock up on...