Nike NKE-0.93%decrease ... The sportswear brand said Thursday that sales in its current fourth quarter are expected to drop at a rate in the midteens from a year ago, albeit at the low end ...

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[NEW YORK] Nike’s results surpassed analysts’ expectations as its new chief executive officer’s turnaround strategy begins to take hold. Revenue fell 9 per cent to US$11.3 billion for the quarter ...

Shares of Nike ended Friday's trading session down 5.5% after falling as much as 9% at market open. The footwear giant posted its fiscal third quarter earnings on Thursday after the market close.

Nike also expects gross margin to decline sharply in the current quarter from a year earlier, in part due to US tariffs on products from China and Mexico.

Total NIKE Brand EBIT, Total NIKE, Inc. EBIT and EBIT margin are considered non-GAAP financial measures. Management uses these non-GAAP financial measures when evaluating the Company's performance ...

(Reuters) -Nike on Thursday forecast a steeper drop in fourth-quarter revenue than analysts had expected, striking a cautious tone as it works to rekindle interest among consumers who have defected to ...

Fourth quarter Gross margin increased approximately ... through third-party distribution channels, our own Company Operated stores and third-party license agreements. Lands’ End also offers ...

Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter as the sneaker giant contends with new tariffs, sliding consumer confidence and a slower than ...