Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
Nike will report fiscal third-quarter earnings after the bell on Thursday as the company tries to execute a turnaround under ...
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%.
Nike turnaround won't happen until 'at least fiscal year 2026'
Nike (NKE) shares are getting a boost on Thursday after the company released its third quarter earnings results. David Swartz ...
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Nike reports 9% revenue decline in Q3 of fiscal 2025
Sportswear giant Nike has reported a 9% decrease in total revenue to $11.26bn in the third quarter (Q3) of fiscal 2025 (FY25) ...
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Nike’s sales are tumbling
Instead, it shifted more of its inventory to its own channels, especially online. But the abrupt change hurt Nike’s sales, and Nike has since brought back some of those partnerships.