Nike, Inc. - Class B (NKE)
Nike plans $100-and-less shoe line after shares plummet following sales slump prediction
The world's largest athletic apparel retailer is aiming to compete with its more affordable rivals to counteract a sales slump.
What's Next for Nike After Disappointing Q4 Results, Outlook for 2025
After Nike (NKE) reported disappointing fourth-quarter sales and guidance for fiscal 2025, the athletic apparel giant is looking ahead to the Olympic Games, which kick off next month, as an event that could help boost sales.
Why Is Nike (NKE) Stock Down 20% Today?
Shares of Nike (NYSE: NKE ) are plunging lower by 20% after the footwear and apparel giant reported a disappointing fiscal 2024 fourth-quarter earnings amid rising competition. NKE stock is set to have its largest one-day decline since 2001.
Why is Nike's stock price down? NKE shares plunge after gloomy sales warning
Shares of Nike are tumbling this morning. As of the time of this writing, the company's stock (ticker: NKE) is down over 14% to $80.65 per share in premarket trading.
Nike CEO John Donahoe comes under fire from Wall Street after lackluster performance
Nike posted dismal fiscal 2025 guidance that sent shockwaves through Wall Street, leading at least six investment banks to downgrade the stock. Analysts at Morgan Stanley and Stifel called Nike's management, including CEO John Donahoe, into question and said the athletic company is losing its once ironclad credibility.
Shareholders Who Lost Money on NIKE, Inc.(NKE) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NIKE, Inc. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - NKE
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
NIKE (NKE) Q4 Earnings Surpass Estimates, Revenues Down Y/Y
NIKE's (NKE) strategic efforts, including progress on the Consumer Direct Acceleration strategy, appear encouraging. It posts robust earnings results in fourth-quarter fiscal 2024.
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of August 19, 2024 in NIKE Lawsuit - NKE
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Levi & Korsinsky Reminds NIKE Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 19, 2024 - NKE
NEW YORK, NY / ACCESSWIRE / June 28, 2024 / If you suffered a loss on your NIKE, Inc. (NYSE:NKE) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Nike Stock Tanks Almost 20% To 4-Year Low: Why The Sneaker Giant's Struggling
Shares of Nike nosedived Friday, setting multiple dubious milestones as the sneaker and athletic wear company faces investor dissatisfaction.
Nike Stock Sinks on Dismal Sales Forecast: What to Know
Nike stock is spiraling Friday after the athletic and apparel retailer missed sales estimates for its most recent quarter and lowered its outlook for its new fiscal year.
