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Nike says 'newness' is crucial to its growth. One analyst says it's not working
[ad_1] As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation”…
Tag: Sports Footwear
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Nike stock rises as profit beats estimates and inventories fall
[ad_1] Nike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid…
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Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand
[ad_1] Nike Inc. on Thursday reported fourth-quarter profit that came up short of Wall Street’s expectations, with price cuts weighing on results amid weaker…
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Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.
[ad_1] Are stores getting more desperate to sell sneakers? Fourth-quarter results from Nike Inc. on Thursday will probably provide part of the answer. Even…
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Nike stock rallies after another earnings beat
[ad_1] Shares of Nike Inc. rallied after hours on Tuesday after the athletic-gear giant reported third-quarter results that topped expectations. The maker of sneakers…