Nike’s Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike Inc.’s turnaround effort is hitting snags as the company tries to clear out old inventory while feeling the effects of a ...
Nike faces steepest revenue drop in 5 years as consumer spending slows down
Downloads of Nike mobile apps for the quarter were down 35% from a year earlier, and foot traffic at Nike stores was down 11% ...
Now that Nike has turned its back on fashion, will the move pay off?
Elliott Hill has made his strategy for turning around Nike Inc very clear in his first five months as chief executive officer ...
The Business Times19h
Nike sales beat estimates in new CEO’s first full quarter
NEW YORK] Nike’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to ...
Nike Q3 Earnings Preview: Analyst Says New CEO Can 'Right The Ship,' But It Could Take Longer Than Expected
Nike reports third-quarter financial results Thursday. Analysts expect declines in revenue and earnings per share. A look at ...
Nike Enters Credit Agreements Worth Up to $4.5B
The company's five-year credit agreement is set to mature on March 7, 2030, though two one-year extensions may be granted. At the time of maturity, Nike can increase the commitments under the facility ...