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Trade experts tell CNBC that the tariffs announced by President Donald Trump on Wednesday are equivalent to building a trade wall around the ... Not just Nike: U.S. lacks manufacturing capacity ...
Duffy has coverage on top apparel and footwear names Nike (NKE) and Lululemon (LULU ... as high as 90%). Here is the Wall Street reaction. "Announced reciprocal tariffs are broader and higher ...
Nike shares fell 5% in after-hours trading after the company reported a 9% decline in sales during the winter months and said it expected a similar drop in the spring season. “We're not ...
Nike NKE-1.05%decrease; red down pointing triangle expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround. The sportswear ...
Nike (NKE) beat modest earnings expectations under new CEO Elliott Hill, but investors remain jittery about the impact of Trump tariffs. Shares of Nike ended Friday's trading session down 5.5% ...
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But ...
Sneaker and athletic apparel giant Nike (NKE) has managed to beat Wall Street’s targets for its fourth-quarter 2024 financial results despite the fact that its sales declined 9% from a year earlier.
Sportswear titan Nike (NKE) is scheduled to release its fiscal third quarter earnings results after Thursday's market close. Morning Brief hosts Brad Smith and Madison Mills comment on what Wall ...
Nike on Thursday warned that sales will drop ... Consensus estimates from LSEG show Wall Street had expected sales to be down 11.4% in the current quarter. Shares fell more than 4% in extended ...
Nike, Inc. announced plans to report its fiscal 2025 third-quarter results tomorrow, Thursday, March 20, after the market closes. The market will keep a close eye on the comments from management ...
On the last Monday of the month, Jefferies analyst Randal Konik upgraded his recommendation on Nike stock to buy from his previous hold. More dramatically, he made a serious lift to his price ...
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