NIKE, Inc.
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Nike says it will cut $2 billion in costs in a major warning for ... - CNN
WEBDec 22, 2023 · The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike (NKE) tumbled as much as 14% Friday.
Nike (NKE) Stock Upheaval Defines CEO John Donahoe’s Tenure
WEB6 days ago · Instead of transforming the sneaker giant into a high-tech powerhouse, John Donahoe pissed off partners and disappointed fans.
Nike expects more sales declines as it attempts a comeback - NBC News
WEBJun 28, 2024 · The sneaker giant now expects fiscal 2025 sales to be down mid-single digits, compared to analyst estimates of a 0.9% increase. Nike previously expected sales to grow. The company said Thursday...
Nike CEO John Donahoe comes under fire as stock sees worst day …
WEBJun 28, 2024 · The plunge wiped about $28 billion off of Nike’s market cap, bringing it to just under $114 billion from $142 billion a day earlier. As Wall Street digested the dismal outlook from the...
Nike is in a slump | CNN Business
WEBJun 27, 2024 · New York CNN — Nike posted sluggish growth as the largest sportswear brand in the world faced rising competition, a consumer pullback in its key markets and strategy missteps. Nike’s sales grew...
Nike CEO blames remote work for innovation slowdown
WEBApr 12, 2024 · Nike CEO John Donahoe on Friday blamed remote work for the company falling behind on innovation, saying that it's tough to be disruptive when people are working from home.
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · Dr. Muge Erdirik Dogan will join NIKE, Inc. as Chief Technology Officer (CTO) to further deepen and strengthen the speed, efficiency, and quality of Nike’s consumer experiences with products ...
NIKE Announces Leadership Changes to Accelerate the Future of …
WEBNov 14, 2023 · NIKE, Inc. (NYSE:NKE) announced leadership changes today that will continue to build on its strong momentum and deep commitment to serving athletes wi.
Nike beats estimates boosted by discounts, promotions; shares …
WEBDec 20, 2022 · Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North American shoppers rushed to stock up on...
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