Despite the global slowdown in the growth of many sports brands, ON maintained a growth rate of nearly 30 percent, down from ...
Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO ...
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
The sneaker giant’s quarterly sales fell 10% amid a hangover from Jordan releases.
The efforts to manage investors' expectations came as Nike (NKE) prepares to bring aboard Elliott Hill - a roughly three-decade veteran of the company who retired in 2020 - as its CEO on Oct. 14. John ...
Adidas has outperformed Nike recently, rebounding 82% from its 2022 low, while Nike lost 16% during the same period.
NKE's Q1 results are expected to reflect the impacts of soft lifestyle product trends and challenges in Greater China. Its ...
Swiss running shoe maker On Holdings' shares surge with ambitious growth plans in China, poised for further expansion into ...
Wall Street has already given Nike the equivalent of a technical foul call, with shares trading for just under 29 times ...
Nike changed dramatically in the five years under now-departed CEO John Donahoe. And while its hard turn toward direct-to-consumer sales has gotten much of the attention in the hours after Donahoe's ...
Nike said on Thursday that former senior executive Elliott Hill will rejoin the company to succeed John Donahoe as president ...
Nike's annual sales are expected to fall to $48.84 billion for fiscal 2025 as inflation-weary customers cut back on discretionary spending and China's market rebounds more slowly than expected.