Nike deepens restructuring as China sales crater
Nike announced a fresh round of job cuts and a reorganization into three geographic regions after projecting a high-single-digit revenue decline for f
Nike
Every Fin-node story mentioning Nike — 6 stories, newest first.
Nike · 6 stories
Nasdaq Hits Record as Weak Jobs Data Cools Rate Bets
The Nasdaq Composite closed at a record 27,319.43 on Friday, gaining 1.66 percent, after a payroll report that came in far below expectations pushed t
Nike shares drop 10% on weak outlook and 2027 layoff plan
Nike shares fell more than 10% in premarket trading Friday, extending Thursday's slide after the company forecast high-single-digit revenue declines f
Nike exits S&P 100 after $200 billion wipeout
Nike is leaving the S&P 100 on Sept. 21 after 18 years, the latest marker of a decline that has erased roughly $200 billion in market value since its
Nike Hits 12-Year Low Below Forty Dollars
Nike shares dropped 4% Monday to a 12-year low under $40, extending a five-year slide that has erased more than three-quarters of the company's value.
Nike beats estimates on tariff refund as China sales slide
Nike topped Wall Street estimates for the fiscal fourth quarter, but the beat came wrapped in a $986 million tariff refund that the Supreme Court effe