News

Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...
The Standard & Poor's 500 and Nasdaq Composite on Friday rose to record highs nearly three months after plunging to bearish ...
While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...
The S&P 500 gained 0.5% on Friday, June 27, 2025, reaching an all-time closing high as officials confirmed a trade framework between the U.S. and China.
Nike, Inc.'s Q4 results show early progress with inventory stabilization and renewed strategies, sparking optimism. Click for ...
Near the end of the call, Hill said Nike will “evaluate corporate cost reduction as necessary,” a result of slower recovery ...
EMEA Shows Most Progress Among Regions In the EMEA, Q4 revenue declined 10 percent to $3 billion. Nike Direct dropped 19 ...
Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like ...
At the same time, the brand is restructuring teams around key sports and touted “significant progress” on rightsizing its ...