Nike stock sinks after company projects larger sales decline than ...
WEBJun 28, 2024 · Nike (NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue...
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NIKE, Inc. (NKE) Latest Stock News & Headlines - Yahoo Finance
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Nike CEO John Donahoe comes under fire as stock sees worst day …
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike says it will cut $2 billion in costs in a major warning for ... - CNN
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.
Nike expects more sales declines as it attempts a comeback - NBC News
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · Dr. Muge Erdirik Dogan will join NIKE, Inc. as Chief Technology Officer (CTO) to further deepen and strengthen the speed, efficiency, and quality of Nike’s consumer experiences with products ...
Key Events at Nike Under CEO John Donahoe - U.S. News
WEBSep 10, 2024 · Here are some other major events for Nike on Donahoe's watch: Oct. 22, 2019 Nike named Donahoe, a former eBay chief. executive officer, as its new CEO, effective Jan. 13, 2020, replacing. long ...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes wi.
Nike beats estimates boosted by discounts, promotions; shares …
WEBDec 20, 2022 · Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North American shoppers rushed to stock up on...