Why Nike Stock Slipped on Friday
Citi is just back from a meeting with new Nike CEO Elliott Hill, and feeling unenthused by the CEO's promises for 2026 performance. Neither sales nor earnings forecasts were as good as Citi hoped for, and "Nike's sales pressures seem likely to continue as it manages down key franchises further in fiscal 2026," reports The Fly.
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Nike's Super Bowl 2025 commercial comes as the company looks to reverse a sales slump and elevate its iconic brands.
There has been significantly more selling than buying in Nike’s bonds, although investment-grade spreads have hardly budged.
Citi no longer has confidence in Nike's ability to deliver a turnaround. Its analyst says he wasn't reassured after a meeting ...
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Nike x Jordan Brand x Converse announce plans for 2025 NBA All-Star Weekend: Everything you need to knowThe NBA All-Star Weekend is a cultural event that brings the global sports, fashion, and entertainment industry together.
Share of Nike fell to their lowest level since March of 2020 after getting downgraded to neutral from a buy recommendation at Citigroup. Analysts at Citigroup also lowered their target price of the ...
Nike is dropping a new Air Max 1 Premium sneaker, and they're being referred to as the 'breakup sneaker.' Here's why and when ...
Nike’s ( NYSE: NKE) turnaround plan will take even longer than anticipated as management acknowledged the competitive threat ...
The "Midnight Navy" build features navy blue leather that covers the upper layer and the overlays adopt cement gray for a ...
The sneaker features a full synthetic upper with synthetic overlays, an exposed carbon fiber plate, cable loop speed lacing, ...
Elliott Hill couldn’t afford for the struggling sports giant to lose its licensing deal. Now ahead of the Super Bowl, the NFL ...
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