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Nike Forecasts Steeper Q4 Revenue Drop

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 works to rekindle interest among consumers who have defected to trendier rivals.

The Wall Street Journal on MSN · 1d

Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of Turnaround

Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround.

EconoTimes · 15h

Nike Forecasts Steeper Q4 Revenue Drop Despite Strong New Sneaker Launches

Nike (NYSE: NKE) shares dipped nearly 5% in after-hours trading on Thursday after the company forecasted a sharper-than-expected revenue decline for the fourth quarter. CFO Matthew Friend projected a mid-teens

1don MSN

5 Best Nike Basketball Shoes You Can Buy Right Now for $66 or Less

Nike makes some of the most desirable basketball shoes on the planet, but the sneakers frequently cost $100 or more. But that ...

10hon MSN

Nike Is Selling $130 Luka Doncic Basketball Shoes for Only $85

Los Angeles Lakers superstar Luka Doncic is one of the best players on the planet, and right now a markdown at Nike is making ...

1don MSN

Nike’s sales are tumbling

Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%.

1dOpinion

Nike Killshot Is the Next Adidas Samba

The sportswear company needs something to cushion the blow from clearing out old models. But rival Adidas won’t give it an ...

GOLF.com on MSN10d

Shop these limited-edition Players Championship Nike shoes before they sell out

Nike's NRG Air Max Plus G is a limited-edition golf shoe that pays homage to the 17th hole at TPC Sawgrass, home of the ...

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