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Nike’s reported adjusted earnings of $0.85 per share, marking the first year-over-year increase in four quarters, and topped expectations for $0.65. The surge in sales overshadowed the company ...
Nike ( NKE) stock fell nearly 20% on Friday after the retailer said it expects revenue to decline more than it previously thought in the coming year. The company said Thursday it expects revenue ...
Jordan sales increased 40% and StockX saw increases across every OG Jordan following the release of the doc. The Dior Jordans saw a 200% increase in bids on the platform, and Kobe Bryant sneakers ...
In 2019, the company shut down the Nike Oregon Project, a program aimed at training elite American long-distance runners, after coach Alberto Salazar got a four-year ban for doping violations.
During the following week, Nike's stock price fell 2.2%, even as online orders of Nike products rose 27% compared with the previous year. In the following three months, Nike reported a rise in sales. In July 2019, Nike released a shoe featuring a Betsy Ross flag called the Air Max 1 Quick Strike Fourth of July trainers.
Surprising guidance. For its fiscal 2024 fourth quarter (ended May 31), Nike's sales declined 2% year over year to $12.6 billion. Nike brand revenue fell 1% to $12.1 billion, while Converse sales ...
Walmart has worked to address the needs of those on government assistance.
On the mirrorless camera side, Sony has some great deals across its lineup, marking the popular A6600 down to just $998, for a savings of $402 or 29 percent off. The A6100 with an 18-50mm kit lens ...