Nike Stock Slides as Analyst Says Turnaround Will 'Take Time'
Key Takeaways Nike shares fell Friday after the company's predicted a larger fourth-quarter revenue decline than Wall Street ...
Nike Stock Sinks. Its ‘Win Now’ Strategy Is Turning Into ‘Win Later.’
Nike’s so-called WinNow strategy to turn business around might need a name change. The initiative may well set the sportswear ...
Nike focused on ‘rightsizing’ key footwear styles as sales plunge 9%
Some analysts expected the retailer to take more drastic action on its oversold franchises, but CEO Elliott Hill still sees a place for the “beloved silhouettes.” ...
Nike price target lowered to $66 from $73 at UBS
UBS analyst Jay Sole lowered the firm’s price target on Nike (NKE) to $66 from $73 and keeps a Neutral rating on the shares. Nike’s Q3 report ...
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Nike Plunges After Slashing Its Outlook and Announcing Cost Cuts as Demand Softens
Nike pointed to increased macroeconomic headwinds ... He said some examples would include “simplifying our product assortment, improving supply chain efficiency, leveraging our scale to lower ...