Por: MarketWatch Business March 22, 2023
Nike executives on Tuesday said they expected fiscal 2023 margins to fall by around 250 basis points, at the low end of their forecasts, amid efforts to even out inventories by the end of its fiscal year. However, as a result of third-quarter results reported earlier in the day that topped expectations, management raised their full-year sales forecast to a percentage gain in the “high single digits,” up from a prior outlook for... + full article
Fox Business USA Business March 22, 2023
Check out what's clicking on FoxBusiness.com Tuesday from the third quarter of fiscal 2023 that showed revenue rising and net income dropping. The third-quarter revenues saw an approximate 14% jump year over year, to $12.39 billion. The company reported $10.87 billion in... + más
Nike Rise Opens In U.S. As Miami Heats Up Urban Store Expansion | Forbes
2022 Associated Press All-America Team | Associated Press
CNBC USA Business December 21, 2022
In this articlewatch nowVIDEO3:3403:34Nike's gross margins will get better early next year, says BMO's Simeon Siegel on Tuesday reported quarterly results that easily topped Wall Street's expectations while raising its outlook, as the company touted its success in... + más
Nike to offer big discounts amid a glut of inventory | New York Post
MarketWatch USA Business December 20, 2022
The company also updated its guidance for fiscal 2023 to reflect the strong results. Nike is now expecting full-year revenue to grow in the low-teens on a currency-neutral basis. Foreign exchange headwinds will drag down sales by approximately 7 percentage points, however,... + más
Forbes USA Business November 23, 2022
Nike's first U.S. Rise store has opened in Miami ahead of expansion next year.Nike Sportswear and equipment giant Nike has opened the first North American location for its Nike Rise format, with the opening of Nike Aventura, as the retailer continues to commit to a... + más
Nike is going on sale, and its stock is plunging | CNN
CNN USA Business September 30, 2022
New York CNN Business — Add Nike to the list of brands and stores to clear it off shelves. Nike said Thursday its inventory levels soared 65% in North America, its largest market, and 44% overall last quarter from a year ago. After navigating in 2021 Nike is now carrying... + más
Nike earnings preview: Why analysts are trimming profit forecasts | MarketWatch
MarketWatch USA Business September 24, 2022
See also: With the U.S. economy faring relatively well and pushing the dollar higher as compared to other currencies, some analysts are trimming their estimates on Nike for the quarter or the year. Analysts at Credit Suisse said in research note Friday that they were lowering... + más
North Carolina woman prints her resume on a cake, has it delivered to Nike | 10 WBNS
Nike Postpones Next Travis Scott Drop as Houston Officials Decline 3rd Party Investigation Into Astroworld Tragedy | The Root
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