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Nike ( NKE 0.18%) shares sank after the athletic apparel and footwear company reported disappointing sales and pulled its guidance for the year. The stock is now down more than 20% year to date.

Nike shares are trading lower by 8% this week. Nike shares have been volatile after several firms lowered price targets due to a Q1 revenue miss.

Investors seem to be anticipating a turnaround in Nike stock; shares even rose when Starbucks replaced its CEO in August in ...

Nike (NYSE: NKE) shares fell after the Q1 report, which opened an opportunity for investors. The fall is due to numerous factors, including weaker-than-expected results, revoked guidance, and a CEO ...

Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.

THE boss of JD Sports yesterday bristled at concerns the retailer was vulnerable to a slowdown in sales at supplier NIKE. JD Sports — known as the King of Trainers — relies heavily on the ...

Humana stock sinks on Medicare Advantage troubles, Nike withdraws fiscal 2025 guidance as it changes chief executives, and ...

Sneaker maker Nike Inc. reported falling sales and profits for its most recent quarter, with management stressing that the ...

Shoppers are backing off the brand, and it’s up to new leadership to reinvigorate the product lines.

With a new CEO set to take over in a few weeks, the sportswear giant pulled its guidance for the year and stressed the actions it’s already taking to reset the business.

Nike’s “reckless indifference” to trademark-protected Sweat It Out sleeves and other products justifies an “exceptional” ...