Nike announced yesterday it will replace the CEO of its Converse brand. Nike sales sank 10% last year, and its Converse sales ...

Nike’s revenue fell 10% in the latest quarter, and its profits fell 28% from a year ago. Nike executives warned on Tuesday that sales could fall another 10% in the current quarter.

Nike hasn’t reported a sales drop larger than 12% since 2000, except for a ... but I believe we have everything we need to win and this team is ready to execute for the new fiscal year. ...

Nike (NYSE: NKE) stock has been in a downward spiral for the past three years as sales declined, and it appeared to be losing ...

NIKE, Inc. (NYSE:NKE) is one of the 10 Stocks Leave Wall Street Stunned. Nike soared by 15.19 percent on Friday to end at $72 ...

At its lowest point in years, Nike strives to recover from slumping sales Nike is bringing a former executive out of retirement to be the new CEO. The company reports to Wall Street on Tuesday ...

Shares of the sportswear giant climbed 15% in morning trading. Some analysts said the company’s slump could soon be over.

CEO Elliott Hill says sales still aren’t where they need to be, but its fourth-quarter performance was better than expected.

Nike to post steepest sales drop since COVID, analysts expect target reset By Ananya Mariam Rajesh and Nicholas P. Brown September 30, 2024 10:59 AM UTC Updated September 30, 2024 ...

Nike is replacing the chief executive of its Converse subsidiary as it seeks to reverse a prolonged sales slump for the ...

Nike CEO shuffles leadership, names a new president and splits responsibilities for direct oversight to focus on business objectives and avoid continued controversies.

Nike's first-quarter revenue is expected to decline 10% to $11.65 billion, its steepest drop in more than four years, and a drop of 44.7% in earnings per share to 52 cents, according to analysts ...