Nike News

Major Sportswear Giants Nike and Adidas Plead for Exemption from Trump's Tariffs

A group of 76 clothing and footwear brands, including Nike and Adidas, has requested exemption from President Trump's tariffs, warning of severe impacts on their businesses and pot...

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. experiences a significant market cap drop below $100 billion as its stock falls 9% following mixed third-quarter earnings and a pessimistic sales outlook.

Nike's Market Cap Dives Below $100 Billion Amid 9% Stock Decline

Nike Inc. experiences a significant drop in market value, falling below $100 billion due to a 9% decline in stock price following mixed reactions to its third-quarter earnings resu...

Nike's Market Cap Dips Below $100 Billion Amid 9% Stock Decline

Nike Inc. faces a significant market challenge as its stock falls 9%, causing its market value to drop below $100 billion. Despite beating third-quarter earnings expectations, the ...

Nike Faces a 9% Drop in Q3 Revenues to $11.3 Billion Amid Global Challenges

Nike Inc. reported a 9% decrease in Q3 revenues for fiscal 2025, totaling $11.3 billion, amidst a 32% drop in net income. Despite global sales challenges, the company's stock rose ...

Nike's Q2 Revenue Dips 8% Despite Exceeding Estimates

Nike Inc. reported Q2 revenues of $12.4 billion, down 8% year-over-year but surpassing estimates. Net income dropped 26% to $1.16 billion, with earnings per diluted share falling 2...