As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation” to win over reluctant shoppers.…
Read more Nike says 'newness' is crucial to its growth. One analyst says it's not workingNike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid a drop in sales for…
Read more Nike stock rises as profit beats estimates and inventories fallNike Inc. on Thursday reported fourth-quarter profit that came up short of Wall Street’s expectations, with price cuts weighing on results amid weaker demand for sneakers and clothing.…
Read more Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demandAre stores getting more desperate to sell sneakers? Fourth-quarter results from Nike Inc. on Thursday will probably provide part of the answer. Even as its some of its…
Read more Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.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 and sports apparel reported third-quarter…
Read more Nike stock rallies after another earnings beat
