It would be the steepest fall since the 38% decline Nike reported in fourth quarter of fiscal 2020 during the pandemic. Its earnings per share is expected to come in at 29 cents, down sharply from ...

Nike’s shares have sunk to $62.18, producing a disappointing 15.2% loss while the S&P 500 was flat. This may have investors ...

Nike reported second-quarter earnings after the market close Thursday ... before retiring in 2020. The brand has struggled with its innovation pipeline, issues in China and slowing growth.

Hill said in his first earnings call since taking the helm ... who are optimistic he’ll revive the third-party partnerships Nike backed away from in 2020, when it pivoted toward its direct ...

Nike Inc. (NYSE:NKE), the renowned global ... However, there was a contraction in both revenue and operating income in 2020. This downturn, triggered by the Covid-19 pandemic, led to a 4.4% ...

Nike is returning to Amazon after an absence of more than five years and hiking prices on some products as its new CEO works to reverse a revenue slump.

Meanwhile, Nike's revenue of $11.59 billion fell short of ... Elliott Hill, a former Nike executive who retired in 2020, will replace John Donahoe as CEO on Oct. 14. The news initially sent ...

Nike withdrew its annual revenue forecast on Tuesday and missed ... who was at Nike for 32 years before retiring in 2020, will take over as new CEO on Oct. 14, tasked with bringing back sales ...

Elliott Hill, who retired from the company in 2020, will return as a chief ... and investors with a forecast for revenue decline. North America, Nike’s largest market, accounts for 40 percent ...