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Sales and profits at Nike slid in the third quarter, but CEO Elliott Hill praised the new strategic path forward.

Nike (NYSE: NKE) shares dipped nearly 5% in after-hours trading on Thursday after the company forecasted a sharper-than-expected revenue decline for the fourth quarter. CFO Matthew Friend projected a ...

Notes: Nike is off to the islands with the Air Force 1 Low and Dunk Low “Hawaii” pack. The summer-ready pairs are both fitted with beach-hued gradient tongue tags and TPU lace accessories in the ...

Nike's sales drop as consumers shift away from pricey sneakers and apparel, prompting a major turnaround strategy.

Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...

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Shares of Nike Inc. slid after hours on Thursday after executives at the sneaker giant warned that its current quarter could take the biggest hit from its turnaround efforts, as it tries to clear out ...

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%.