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Nike shares drop as investors fret over murky turnaround timeline
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline for a turnaround under incoming CEO Elliott Hill.
Nike Earnings Drop, Says Turnaround Will Take Time
Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that a turnaround from a rocky period would take time under a new CEO.
Nike: A Turnaround Won't Happen Overnight, It's A Show-Me Story
We rate Nike stock as Hold due to fair valuation, challenges, and some positives, preferring to wait for the new CEO's impact. Read an investment analysis here.
Observer
13h
Under New Leadership, Nike Is Returning to Its Roots in Running
Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.
19h
on MSN
Nike ‘still not out of the woods,’ analyst says, as stock drops after earnings
Nike Inc.’s stock fell on Wednesday after the athletic-apparel company’s latest quarterly results disappointed investors.
gearpatrol
2d
Did Nike Accidentally Make This Running Shoe Too Good?
The shoes that won the Berlin Marathon have been discontinued for over a year. What does that say about the newer models in ...
19h
on MSN
Nike stock dives after sneaker giant scraps investor day amid CEO shake-up
Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock in limbo ...
7d
One of Nike's 'Super Supportive' Running Shoes Is Nearly 50% Off, and Shoppers Say It Feels Like 'Foot Heaven'
Nike shoes set the standard for running footwear, and the Structure 25 is part of the reason why: Its supportive, comfy ride ...
Her Zindagi Hindi
13d
Best Nike Running Shoes (September 2024): Top Choices Under Budget
Check out the best collection of Running shoes from a renowned brand, Nike, which is very popular for its comfort and style.
3d
Nike to post steepest sales drop since COVID, analysts expect target reset
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first ...
20h
Nike earnings: 2025 guidance retracted after 10% sales decline
Running has been one of our toughest fights over the last few years, but it also is one of our biggest opportunities,” Nike ...
edinburghnews.scotsman.com
3d
Experts reveal the best running shoe for beginners in 2024
You can see the six best
running
shoes
selections from Athletics Weekly here. The Air Zoom Pegasus 41 is
Nike
’s best-selling
shoe
and the reason for that is that it does everything well at an ...
Her Zindagi Hindi
2d
Best Nike Shoes For Men: Comfort Meets Performance
Do you want men's Nike shoes of the best quality? The article presented here explores the top models in style, comfort, and ...
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