Nike stock slides after Q4 earnings miss
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Nike stock slides after Q4 earnings miss
Nike stock slides after Q4 earnings miss
Yahoo Finance Live's Seana Smith examines Nike's stock action after the sportswear brand reported fourth-quarter earnings in the after-hour trading session.
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Nike stock slides after Q4 earnings miss
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Nike stock trades lower on mixed Q4 earnings
Yahoo Finance Live's Seana Smith examines Nike's stock action after the sportswear brand reported fourth-quarter earnings in the after-hour trading session.
- The Wall Street Journal
Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting
The sneaker giant said that product markdowns as well as higher costs for product input, freight and logistics weighed on its profits in the most recent quarter.
52m ago - Reuters
Nike beats revenue estimates on China rebound but margins weigh
The company reported a 16% jump in Greater China sales following the reversal of the rigid zero-COVID-19 policy. Removal of lockdowns in China's major cities helped the company as wealthy shoppers in the region snapped up its popular shoes including Invincible 3 and Jordan Mid-1. Nike's earnings per share came in at 66 cents, missing estimates of 67 cents.
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Nike Beats Sales Expectations in Q4, But Misses on Earnings
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Nike stock slides after quarterly profit misses Wall Street estimates
Nike beat the Street's estimates for fourth quarter sales after the bell on Thursday.
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