NIKE, Inc.
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Nike expects more sales declines as it attempts a comeback
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
Nike says it will cut $2 billion in costs in a major warning ...
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.
Nike (NKE) Stock Upheaval Defines CEO John Donahoe’s Tenure ...
WEB5 days ago · September 13, 2024 at 12:00 PM EDT. Save. In early 2021, Nike Inc.released one of its most successful sneakers of all time. The Panda Dunk, a black-and-white revival of its low-top basketball shoe ...
Nike CEO John Donahoe comes under fire as stock sees worst ...
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike CEO blames remote work for innovation slowdown
WEBApr 12, 2024 · Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home.
NIKE Announces Leadership Changes to Accelerate the Future of ...
WEBNov 14, 2023 · NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes wi.