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Tag: Nike

Nike shares fell as it signaled a turnaround from a rocky period would take time . ©AFP

Nike earnings drop, says turnaround will take time

October 1, 2024

New York (AFP) - Nike reported a drop in profits Tuesday on sagging revenues as the sports giant cautioned that ...

Nike promised 'bold' storytelling at the upcoming Olympics in Paris, but shares tumbled on the company's lowered outlook. ©AFP

Nike shares tumble on tepid outlook as CEO eyes Olympics marketing win

New York (AFP) - Nike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the company's ...

Nike promised 'bold' storytelling at the upcoming Olympics in Paris, but shares tumbled on the company's lowered outlook. ©AFP

Nike shares tumble on tepid outlook as CEO eyes Olympics marketing win

New York (AFP) - Nike reported higher profits due to cost-cutting efforts Thursday, but shares fell sharply on the company's ...

Golf legend Tiger Woods says Nike partnership ending

January 8, 2024

New York (AFP) - Tiger Woods said Monday he was ending his longstanding partnership with Nike, drawing a line under ...

Nike shares tumble as it cuts costs amid ‘softer’ outlook

December 22, 2023

New York (AFP) - Nike promised up to $2 billion in cost savings Thursday involving job cuts and greater use ...

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