Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue ...

With a new CEO set to take over in a few weeks, the sportswear giant pulled its guidance for the year and stressed the actions it’s already taking to reset the business.

As Nike (NKE) gears up for a pivotal leadership transition, the iconic brand faces a challenging road ahead in an ...

It is never easy for a top performer like Nike to lower the bar, but it will be much easier to do so with a new leader. The ...

The company is postponing its investor day, scheduled for November, as it is in the midst of a CEO transition.

Nike shares fell in extended trading Tuesday after the apparel and equipment giant withdrew its full-year outlook and said it ...

Nike is withdrawing its guidance for the year and postponing its first investor day in seven years to evaluate the direction of the company following the appointment of Elliott Hill as chief executive ...

NEW YORK (AP) — Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers' ...

(Reuters) -Nike shares dropped 6% after hours on Tuesday as the company withdrew its annual revenue forecast and postponed ...

Nike reported first-quarter earnings per share of $0.70 that were 26% lower than last year, but easily topped estimates of $0 ...