Story preview
Continue reading on the publisher site for the full article.
Read on publisher →Yahoo Finance
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
10
in the last 3 days
First reported
5 days ago
9 outlets since
Countries
9 other outlets reported this story in the last 3 days.
Nike’s fiscal 2027 Q1 revenue fell 4% to $11.2 billion as it unveiled Pace, targeting $2.5 billion in cumulative savings through fiscal 2031.
Nike Inc. (NKE) shares are on pace for their weakest year ever, falling more than 45% as investors lose confidence in the company’s recovery plan. Continued weakness in China, pressure on the Sportswear and Jordan businesses, and a slow turnaround are adding to concerns ahead of Nike’s November inv…
Nike posted a 4% revenue decline and a 26% drop in Greater China, while unveiling new competition ru