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Nike shares sink after announcing $2bn cost savings plan amid softer demand

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Retail shocker: Nike warns on soft sales, high promotional activity (NYSE:NKE)

code6d Nike (NYSE:NKE) fell in postmarket trading on Thursday after posting a mixed FQ2 earnings report and issuing cautious guidance…

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Business

Nike sinks after revealing dim sales outlook and $2bn cost-saving plan

Nike warned of a softer revenue outlook in its second half and that it planned to cut $2bn in costs…

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Business

Earnings week ahead: Nike, FedEx, BlackBerry, Micron, Carnival and more

fcafotodigital With the holiday spirit in the air, Wall Street prepares for a constrained earnings calendar next week, with only…

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Business

Catalyst Watch: Spotlight on FedEx, Nike, Micron and gold stocks

Dec. 15, 2023 3:10 PM ETSPDR® S&P 500 ETF Trust (SPY)SIRI, NEM, BA, ACN, NKE, GFI, KMX, FDX, UPS, KNBWY,…

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Business

Nike, Target lead retailers among biggest Q3 market cap decliners

Nike (NKE), Target (TGT), and Kering (OTCPK:PPRUF) were the retailers that saw the biggest percentage drops in market value in…

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