Business Nike Beats Profit Expectations, Sees $2 Billion of Cost Cuts [ad_1] Nike beat expectations for second-quarter profit and announced a $2 billion cost-cutting plan, as it sees sales softening for the second half of its fiscal year. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link Related Topics:analysts' commentsAnalysts' Comments/RecommendationsC&E Exclusion FilterC&E Industry News FilterclothingClothing/TextilesConsumer GoodsContent TypescorporateCorporate/Industrial NewsEarningsEarnings PreviewEarnings ProjectionsFactiva FiltersFinancial PerformanceFootwearindustrial newsMarketsNikeNKEnorth americarecommendationsRetailRetail/WholesaleSpecialty RetailingSporting Goods Retailingsyndtextileswholesale
