Shares of Nike Inc. NKE, +0.91% plunged 12.9% toward a one-month low in premarket trading Friday on the back of a disappointing earnings report, as they head for the biggest one-day selloff in 26 year
Jessica Ramirez, Retail Research Analyst at Jane Hali & Associates, discusses Nike's disappointing earnings report.
7:00am: Stocks seen lower after Nike, inflation report to come Stocks are expected to open lower after a downbeat outlook from Nike and ahead of key inflation figures.  In pre-market trading, futures
JD Sports Fashion PLC (LSE:JD.) and other leading European sportswear retailers fell sharply on Friday after Nike gave a downbeat outlook for 2024.
Shares in the world's top sportswear companies slumped on Friday after apparel giant Nike lowered its sales forecasts, warning of a drop in consumer spending, and outlined plans to make $2 billion wor
Dec 21 (Reuters) - Nike (NKE.N) on Thursday trimmed its annual sales forecast blaming cautious consumer spending, a weaker online business and more promotions, and said it plans to cut supplies of key

NIKE, Inc. (NKE) Q2 2024 Earnings Call Transcript

09:12pm, Thursday, 21'st Dec 2023
NIKE, Inc. (NKE) Q2 2024 Earnings Call Transcript

Bouncing Back for the Day, Quarter and Full Year

07:33pm, Thursday, 21'st Dec 2023
All in all, it's been a lovely couple months on the stock market; you can say Christmas came early this year.
Although the revenue and EPS for Nike (NKE) give a sense of how its business performed in the quarter ended November 2023, it might be worth considering how some key metrics compare with Wall Street e
Nike revenue in the quarter ended Nov. 30 was $13.39 billion, roughly in line with average analyst estimate compiled by Bloomberg. Sales in the Greater China region rose 4% but still came in lower tha
Nike Inc (NYSE:NKE) stock fell more than 5% in extended trading Thursday after the footwear retailer said it expects weak second-half revenue following its fiscal second-quarter results.  “As we lo
Brian Nagel, Oppenheimer Senior Equity Research Analyst, and CNBC's Sara Eisen join 'Closing Bell Overtime' to talk Nike earnings.
Dec 21 (Reuters) - Nike (NKE.N) said on Thursday it was seeking $2 billion in savings over the next three years by streamlining operations, after it missed quarterly sales estimates due to a weak Nort
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years. All eyes have been on Nike's gross margin after six straight quarters of year-over-year declines. Supply cha
Shares of Nike Inc. rose Thursday, as investors expressed optimism ahead of the athletic apparel and accessories giant's fiscal second-quarter results.
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