Nike Inc.'s stock fell 8% on Wednesday after the athletic-apparel company's latest quarterly results disappointed investors. Jefferies analyst Randal Konik said the company is "still not out of the ...

The Dow Jones Industrial Average is declining Wednesday morning with shares of Nike and Coca-Cola seeing the biggest declines for the price-weighted average.

Nike Inc., facing one of its roughest patches in decades, moved to reset Wall Street’s expectations ahead of new Chief Executive Officer Elliott Hill’s arrival.

The shift in recent years to emphasize DTC at the expense of wholesale enabled long-time competitors such as New Balance and ...

U.S. stock futures are pointing lower following Tuesday's rough start to the fourth quarter; Nike shares are declining after ...

Q1 2025 Earnings Call Transcript October 1, 2024 NIKE, Inc. beats earnings expectations. Reported EPS is $0.7, expectations ...

The sportswear giant hopes the appointment of company veteran Elliott Hill can reposition the company for growth.

Nike shares dropped about 6% in premarket trading on Wednesday after the company withdrew its annual revenue target, keeping ...

The apparel giant’s new CEO might have to lower expectations further before starting a turnaround.

Nike is bringing a former executive out of retirement to be the new CEO. The company reports to Wall Street on Tuesday just how bad things are.

Nike’s (NKE) latest earnings reinforced one thing: it is a very large company reeling because of poor management decisions.

Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue expectations. The stock fell 6% after the announcement.