Nike, Inc. - Class B (NKE)
Nike plans to cut hundreds of jobs amid automation push
Nike is planning to cut 775 jobs at distribution centers in Tennessee and Mississippi, amid the sportswear giant's push to boost efficiency and deploy automation.
Nike to Cut 775 Workers at U.S. Distribution Centers as it Ramps Up Automation
The layoffs, which amount to about 1% of Nike's overall workforce, are part of the company's efforts to strengthen and streamline operations.
Nike Investigates Ransomware Group's Claims of Data Breach
Nike is investigating a potential data breach after ransomware group World Leaks claimed on its website that it had leaked 1.4 terabytes of data related to the company's business operations, Reuters reported Monday (Jan. 26). “We always take consumer privacy and data security very seriously,” Nike said in the report.
Nike says it is investigating possible data breach
Nike says it is investigating a potential data breach, after a group known for cyber attacks reportedly claimed to have leaked a trove of data related to its business operations.
NIKE vs. adidas: Which Athleticwear Stock is Poised for Growth?
NKE and ADDYY show contrasting market share, strategies and earnings trends as the athleticwear industry enters a new phase.
NIKE's Turnaround Test: Will Innovation Offset Weak Global Demand?
NKE tests a sport-led innovation reset as uneven global demand persists, aiming to rebuild product credibility and revive growth.
Nike Stock Could Join an Exclusive Club. What to Know About the 'Dividend Aristocrats'
Nike's stock could be set to join an exclusive club.
Why Nike is finally investing in one of the fastest-growing sports in the world
Nike's NKE-0.33% wait-and-see approach to the fast-growing paddle sport that blends tennis, badminton and ping-pong is changing, after the company made No. 1-ranked pickleball player Anna Leigh Waters the first professional pickleball player to join its roster of sponsored athletes earlier this week.
NIKE, Inc. (NKE) is Attracting Investor Attention: Here is What You Should Know
Nike (NKE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Margin Headwinds Strengthen: Will Tariff Mitigation Be Enough for NKE?
NIKE battles tariff-driven margin pressure as Q2 gross margin slid 300 bps, prompting pricing moves, cost controls and supply-chain shifts.
Where Will Nike Be in 5 Years?
Nike's CEO believes that the business is in the “middle innings” of its turnaround. Financial results will continue to be disappointing in the near term, but Nike's brand power can't be denied.
Nike needs more than Tim Cook to rescue its stock, amid ‘longer than expected' turnaround
Needham analysts downgraded Nike stock on slow turnaround progress, while China “has become a puzzle that management is struggling mightily to put back together.”
