Nike's Q1 earnings beat expectations. Tariffs cost $1.5B annually but wholesale and performance shoes drive growth. Investors ...
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 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's direct-to-consumer business is not expected to return to growth in fiscal 2026, executives said, as the unit recovers from steep discounts to clear out inventory of some of its classic labels ...
Nike has reported a surprise rise in first-quarter revenue and beat profit expectations as the storied sportswear brand's turnaround effort gained traction despite weakness in China and tariffs ...
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.