Nike shares dropped 8% since last week's Q1 earnings report. Investors reacted negatively to Nike's revenue miss, weak global sales and withdrawal of full-year guidance. Nike Inc (NYSE:NKE) shares ...
Moreover, first-quarter revenue of $11.6 billion was down 10% and down slightly more than expected, which is why the stock dropped 7%. Nike officially pulled its full-year guidance because of the ...
This valuation could partly explain why Ackman bought shares. However, Nike stock doesn't represent a ... Things started well, but sales for HeyDude have dropped recently. Crocs is still growing ...
Sales at NIKE Direct were down 13% on a reported basis and 12% on a currency-neutral basis to $4.7 billion. The decline resulted from a 20% drop in NIKE ... path, the stock was allocated a grade ...
Sales were down across all of its key markets, with its North American segment suffering an 11% drop in ... business. Why there still might be hope for the stock The last time Nike's stock was ...
On Friday, Nike Inc (NKE) stock saw a modest uptick, ending the day at $78.06 which represents a slight increase of $0.93 or 1.21% from the prior close of $77.13. The stock opened at $77.05 and ...
In 2024, Nike struggles with low sales projections, declining digital revenue, and inventory issues, causing a 31.71% drop in its stock. Meanwhile, Adidas thrives with popular retro sneakers and ...
With the stock down roughly 50% from its peak, it's easy to see why investors would want a leadership change. However, Nike isn't as cheap as you might expect considering how far the stock has ...
After a slew of genre-defining solo albums including GZA’s Liquid Swords and ODB’s Return to the 26 Chambers: The Dirty ...
For the past few years StockX has seen its reputation take all kinds of hits with customers accusing them of selling fake ...