Nike forecasts fourth-quarter revenue below estimates, shares drop
Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it ...
Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Since Nike last reported earnings in December, President Donald Trump has put a new 20% tariff on goods imported from China, ...
Nike stock tumbles as tariffs are expected to hit next quarter's results
Nike (NKE) beat modest earnings expectations under new CEO Elliott Hill, but investors remain jittery about the impact of Trump tariffs. Nike stock fell nearly 8% at market open on Friday. The ...