Nike Drops as Inventory Woes, Tariffs Cloud Future Outlook
Nike Inc. shares slipped in late trading as the sportswear maker signaled further declines in revenue and profitability due to an ongoing merchandise reset and the clearance of inventory.
Nike Turnaround Hits Snags Amid Inventory Reset, Tariffs
Nike's turnaround effort is facing challenges due to inventory clearance and the impact of the growing trade war. Kim Bhasin has more on "Bloomberg Open Interest."
Nike shares hit 5-year low as tariffs and consumer caution threaten sales
Nike shares hit a five-year low on Friday as the sportswear group warned a global trade war and consumer caution were complicating its efforts to boost sales as part of a turnaround. The company on Thursday evening forecasted a bigger than expected drop in revenue for the three months to May in a fresh setback as it seeks to recover market share ceded to longtime rival Adidas and upstart brands.
Nike Drops as Inventory Woes Offset Progress on Sales
Nike Inc. slipped in late trading as the sportswear maker signaled further declines in revenue and profitability due to an ongoing merchandise reset and the clearance of inventory.
Nike Stock Falls After Warning Sales Could Take a Hit From Turnaround Plan, New Tariffs
Nike (NKE) shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current quarter under the company’s turnaround plan, with new tariffs adding to uncertainty.
Nike shares plunge after sneaker giant warns sales could fall by double digits
Nike’s shares plummeted Friday as investors grew wary about new CEO Elliott Hill’s turnaround plans after the struggling sneaker giant warned that sales could plunge by double digits. On Thursday, the company reported a 9% sales decline during the all-crucial holiday season quarter,
Nike Stock Falls On Outlook, Earnings Muscle Out Weak Expectations
Nike stock tumbled Friday. The Dow Jones retailer posted a strong beat for Q3 2025 results, but its Q4 outlook prompted multiple price target cuts.Please watch the video at Investors.com - Is It A Bubble Or A Black Swan Event?
Nike to post worst revenue fall in 5 years on stagnant demand
Nike is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new ...
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Thieves Steal $1,000 In Merchandise From Nike Clearance Store
Around 3 p.m. on Friday, approximately $1,000 worth of merchandise was stolen from the Nike Outlet in Stevenson Ranch, ...
Huge Nike spring sale is live — 17 great deals I'd get from $21 for your warm weather workouts
As part of the sale, you can get Nike gear priced from $10. Read on to see which 17 deals I'd shop from Nike's sale section ...
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EXEC: Wall Street Lays Out Expectations Ahead of Nike’s Fiscal Q3 Results
“Nike faced several challenges in 3QF25 including lower consumer demand for its products, resulting in lower traffic to Nike stores and website, declines in orders from its wholesale accounts, a ...
Nike's 'Extremely Comfortable' Zoom Vomero 5 Retro Running Shoes Are Nearly $70 Off, and They're Selling Fast
The Nike Zoom Vomero 5 is on sale for $103, up to a 39% discount from its usual price of $170. It’s available in two ...
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Macy's Is Selling a 'Comfy' Nike Dri-Fit Skirt for 50% Off — but Hurry, The Sale Won't Be Around for Long
For those tried and true Nike customers out there, we scoped out an incredible new deal on Macy's virtual clearance rack. The NikeCourt Dri-Fit Victory Skirt is 50% off in the traditional black ...
Nike Q3 Earnings Preview: Sales Decline, Margin Contraction, Key Areas To Watch
Nike results are likely to be broadly in line with expectations, analysts say. Gross margins are likely to have contracted to ...
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Nike struggles amid sales slump and layoffs, forecasts margin pressure
Nike's Q3 results reveal a 9 percent revenue drop to 11.3 billion dollars, impacted by reduced consumer spending and geopolitical uncertainty. Gross ...