Nike shares tumble as it cuts costs amid 'softer' outlook
December 22, 2023 | 09:28
Nike promised up to $2 billion in cost savings Thursday involving job cuts and greater use of automation as it eyes "softer" sales in the coming period.
Nike shares tumble as it reports lower profits
September 30, 2022 | 16:00
Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.
Nike shares fall on slower North American sales growth
March 22, 2019 | 15:48
Nike shares fell on lower sales growth in North America on Thursday (Mar 21) as the company returned to third-quarter profitability while touting new investments in e-commerce and women's athletics.
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