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 ...

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

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

Nike withdrew its annual revenue forecast on Tuesday, just as a new CEO is set to take the helm at the sportswear giant that ...

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 ...

Given how Nike has struggled with sluggish sales growth over the past couple of years, Wall Street has set a fairly low bar ...

Nike offered mixed results in its first earnings call since announcing that its CEO John Donahoe would step down and be ...