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Key Takeaways Nike shares plunged Thursday amid concerns the Trump administration’s recently announced reciprocal tariffs ...
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.
Nike NKE-2.86%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Nike topped earnings and sales expectations for its fiscal third quarter, but shares fell in after-hour trading as the company warned that overhaul efforts would take a toll on revenue and ...
Nike stock is in a bearish downtrend, down 30% in past year. Oversold conditions may spark a short-lived bounce, but weak fundamentals suggest waiting for a clearer buying opportunity.
Nike (NKE) shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current quarter under the company’s turnaround plan, with new tariffs ...
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits.