BEAVERTON, Ore., October 01, 2024--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. First quarter revenues were $11. ...

The shift in recent years to emphasize DTC at the expense of wholesale enabled long-time competitors such as New Balance and ...

The retailer delivered revenue of 5 billion pounds in the first half, a 5.2 percent increase from 4.8 billion pounds in the ...

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

Nike on Tuesday said it was withdrawing its full-year guidance and postponing its investor day as it gears up for a new CEO ...

Apparel manufacturer and retailer Nike’s business travel spending rose above pre-pandemic levels in 2023, with $120 million spent with U.S.-booked air travel during the year. The company in recent ...

In its first-quarter earnings call, Nike's Executive Vice President and Chief Financial Officer Matthew Friend said, "We all look forward to working with Elliott as he leads NIKE's next ... 11 percent ...

Earnings came in at 70 cents a share, topping analysts’ consensus target of 52 cents. Sales reached $11.6 billion, slightly ahead of consensus estimates of $11 billion. First quarter revenues were $11 ...

In a statement, he called Mr. Hill the “right person to lead Nike’s next stage of growth ... at its headquarters in Oregon, or about 2 percent of its global work force.

Nike beats earnings expectations but withdraws its full-year forecast, citing leadership transition and moderated revenue ...

--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 ... have been repurchased under the program for a total of approximately $10.2 billion. Conference Call 1 The percent change has ...

The retailer delivered revenue of 5 billion pounds in the first half, a 5.2 percent increase from 4.8 billion pounds in the ...