While Nike's fiscal second-quarter global revenue fell 8 percent compared to the prior year, the results still exceeded ...

Revenue fell 8% to $12.35 billion, beating the $12.11 billion expected by analysts. Direct revenue declined 13% to $5 billion, while wholesale revenue fell 3% to $6.9 billion. Sales for Converse were ...

Academy Sports & Outdoors expects to pass on any tariff costs to customers, but it still thinks it can beat competitors on ...

Elliott Hill, who just took over the top spot in October, vowed a return to stronger relationships with its partners as sales ...

CEO Elliott Hill said that Nike would rein in the number of promotional events and focus on five categories of sports ...

with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...

The potential implementation of higher tariffs against China proposed by the incoming ... the implications for major companies, including Nike (NKE) and Tesla (TSLA). According to Fish, Nike's ...

NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. Second quarter revenues were $12.4 ...

The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.

Gross margin decreased 100 basis points to 43.6 percent, primarily due to higher discounts and changes in channel mix, partially offset by ...