Matthew Friend; Chief Financial Officer, Executive Vice President; Nike Inc Good afternoon, everyone. Welcome to NIKE Incorporated fiscal 2025 third-quarter conference call. For those who want to ...
Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.
For those who want to reference today's press release, you'll find it at investors.nike.com. Leading today's call is Paul ...
The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the mid-teens from a year ago, albeit at the low end of that range, following a 9.3% ...
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
Nike’s (NKE) turnaround plan is beginning to show results, thanks to a renewed focus on sports, its new CEO Elliott Hill said ...
In North America, the company saw a sequential improvement in sales, which were down 4% at $4.86 billion, driven by its core footwear segment. Sales in China and the company's Europe, Middle East and ...
The shoe company has run into a slump, but a partnership with Kim Kardashian could be a step towards a turnaround.
Signals point to what will potentially be the worst revenue fall for Nike since the COVID-19 pandemic rocked the industry in 2020. According to a report from Business of Fashion (BoF), falling foot ...
NIKE is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to snap up ...
The Longhorns have talent, chemistry, and an endearing coach in Vic Schaefer. March Madness triumph would make their success even sweeter.