Retail Dive1d
Nike focused on ‘rightsizing’ key footwear styles as sales plunge 9%
Some analysts expected the retailer to take more drastic action on its oversold franchises, but CEO Elliott Hill still sees a ...
Nike tumbles to five-year low as sales decline forecast clouds quick turnaround hopes
Nike shares slipped nearly 6% premarket on Friday after the sportswear giant warned of another quarter of sales decline, ...
Nike Stock Slides as Analyst Says Turnaround Will 'Take Time'
Shares of Nike tumbled Friday after the company delivered disappointing revenue guidance, with multiple analysts opting to ...
Nike price target lowered to $66 from $67 at RBC Capital
RBC Capital lowered the firm’s price target on Nike (NKE) to $66 from $67 and keeps a Sector Perform rating on the shares. The company’s Q3 ...