The company’s legacy business grew 20% in the most recent quarter. CEO Elliott Hill says it’s an “early window” into what’s to come.
In a news-filled earnings call, Nike executives discussed what is working and areas of the business that still need improving ...
Nike's Q1 earnings beat expectations. Tariffs cost $1.5B annually but wholesale and performance shoes drive growth. Investors ...
Nike’s renewed focus on everyday runners and wholesale accounts is a strategy that is starting to pay dividends after a ...
Investors who make a $10,000 investment in the stock need to see a monster 100-fold gain in order to reach millionaire status ...
Nike Inc.’s turnaround efforts are starting to pay off as the world’s largest sportswear company realigns the business around ...
Nike is under significant pressure to raise sneaker prices because of President Trump's tariff policy. The company has always ...
Nike CEO Elliott Hill vowed to return the company to its sportswear roots when he took the helm last year in a much-touted change and his efforts are bearing fruit, but a sluggish recovery in China ...
Nike now expects tariffs to cost it about US$1.5 billion in 2025, compared with the US$1 billion expected earlier. Read more at straitstimes.com. Read more at straitstimes.com.
Next week Philadelphia will debut the first U.S. Jordan Brand World of Flight store as Nike continues its turnaround, which in its latest results showed promising signs.
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