Nike Sales Slump as Shoppers Step Back: Shoppers are backing off the brand, and it's up to new leadership to reinvigorate the product lines.
apnews.com/article/nike-sales-profit-first-quarter-67e864a20131f48afbcb8fa1dab52986
Nike Sales Slump as Shoppers Step Back
Nike stock tumbles as investors worry about a turnaround: 'A comeback at this scale takes time'
qz.com/nike-q1-stock-investor-day-postponed-full-year-guidance-1851663094
Nike stock tumbles as investors worry about a turnaround: 'A comeback at ...
Nike pushes back its investor day — and the stock dips on sluggish earnings: The apparel giant reported mixed earnings for its fiscal first quarter
qz.com/nike-q1-2025-earnings-investor-day-postponed-1851662091
Nike pushes back its investor day — and the stock dips on sluggish ...
Nike stock is in a 'no man's land,' analyst says: Jefferies raised its price target on Nike stock due to optimism surrounding a leadership change — but said the ...
qz.com/jefferies-nike-shares-no-mans-land-price-target-bump-re-1851662205
Nike stock is in a 'no man's land,' analyst says
The number one in sports is running out of steam: The world's largest sporting goods company Nike is struggling with falling sales. A company veteran is now ...
diepresse.com/18925021/der-nummer-eins-im-sport-geht-die-puste-aus
The number one in sports is running out of steam
Nike shares fall to the bottom of the Dow: price targets canceled: The quarterly report was anything but well received.
deraktionaer.de/artikel/commerce-brands-unicorns/nike-aktie-sackt-ans-dow-ende-ab-kursziele-kassiert-20367463.html
Nike shares fall to the bottom of the Dow: price targets canceled
Nike Withdraws Guidance, Earnings Top Views But Sales Sales Slump Persists: Nike earnings manage to beat analyst estimates. Revenue missed views as softness in ...
investors.com/news/nike-stock-nike-earnings-dow-jones-new-ceo/
Nike Withdraws Guidance, Earnings Top Views But Sales Sales Slump Persists
Nike Reports Mixed Results For Q1, Postpones Investor Day: Nike offered mixed results in its first earnings call since announcing that its CEO John Donahoe would ...
footwearnews.com/business/earnings/nike-reports-mixed-results-q1-investor-day-1203697362/
Nike Reports Mixed Results For Q1, Postpones Investor Day
Nike withdraws annual revenue forecast, shares drop 6%: Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the ...
reuters.com/business/retail-consumer/nike-posts-bigger-than-expected-quarterly-sales-drop-2024-10-01/
Nike withdraws annual revenue forecast, shares drop 6%
The Best Nike Sneakers Releasing in October: Don't miss the best sneaker drops from Nike in October 2024, including the Tekken 8 x Nike Air Foamposite One ...
footwearnews.com/shoes/sneaker-news/nike-sneaker-release-date-calendar-october-2024-1203696967/
The Best Nike Sneakers Releasing in October
Nike’s Turnaround Plan in Focus Ahead of Q1 Earnings This Week: After announcing Elliott Hill as chief executive officer earlier this month ...
footwearnews.com/business/business-news/nke-earnings-preview-turnaround-plan-q1-1203696956/
Nike’s Turnaround Plan in Focus Ahead of Q1 Earnings This Week
Nike Report Another Revenue Drop for Q1 2025: Nike have revealed their Q1 2025 earnings results, which saw a 10 per cent drop over the same quarter last year.
sneakerfreaker.com/news/nike-report-another-revenue-drop-for-q1-2025/
Nike Report Another Revenue Drop for Q1 2025
Quarterly balance: Nike: Weak start to the year: Adidas competitor Nike is struggling with problems. Among other things, the plan to rely on direct sales ...
textilwirtschaft.de/business/news/quartalsbilanz-nike-schwacher-jahresauftakt-247215
Quarterly balance: Nike: Weak start to the year
Nike postpones investor meeting after hiring new boss amid falling sales: Sportswear giant pulls financial guidance for the year to provide incoming CEO Elliott ...
theguardian.com/business/2024/oct/01/nike-financial-guidance-ceo-change-falling-sales
Nike postpones investor meeting after hiring new boss amid falling sales
More articles on this subject
Nike Sales Slump as Shoppers Step Back: Shoppers are backing off the brand, and it's up to new leadership to reinvigorate the product lines.
apnews.com/article/nike-sales-profit-first-quarter-67e864a20131f48afbcb8fa1dab52986
Nike Sales Slump as Shoppers Step Back
Nike stock tumbles as investors worry about a turnaround: 'A comeback at this scale takes time'
qz.com/nike-q1-stock-investor-day-postponed-full-year-guidance-1851663094
Nike stock tumbles as investors worry about a turnaround: 'A comeback at ...
Nike pushes back its investor day — and the stock dips on sluggish earnings: The apparel giant reported mixed earnings for its fiscal first quarter
qz.com/nike-q1-2025-earnings-investor-day-postponed-1851662091
Nike pushes back its investor day — and the stock dips on sluggish ...
Nike stock is in a 'no man's land,' analyst says: Jefferies raised its price target on Nike stock due to optimism surrounding a leadership change — but said the ...
qz.com/jefferies-nike-shares-no-mans-land-price-target-bump-re-1851662205
Nike stock is in a 'no man's land,' analyst says
The number one in sports is running out of steam: The world's largest sporting goods company Nike is struggling with falling sales. A company veteran is now ...
diepresse.com/18925021/der-nummer-eins-im-sport-geht-die-puste-aus
The number one in sports is running out of steam
Nike shares fall to the bottom of the Dow: price targets canceled: The quarterly report was anything but well received.
deraktionaer.de/artikel/commerce-brands-unicorns/nike-aktie-sackt-ans-dow-ende-ab-kursziele-kassiert-20367463.html
Nike shares fall to the bottom of the Dow: price targets canceled
Nike Withdraws Guidance, Earnings Top Views But Sales Sales Slump Persists: Nike earnings manage to beat analyst estimates. Revenue missed views as softness in ...
investors.com/news/nike-stock-nike-earnings-dow-jones-new-ceo/
Nike Withdraws Guidance, Earnings Top Views But Sales Sales Slump Persists
Nike Reports Mixed Results For Q1, Postpones Investor Day: Nike offered mixed results in its first earnings call since announcing that its CEO John Donahoe would ...
footwearnews.com/business/earnings/nike-reports-mixed-results-q1-investor-day-1203697362/
Nike Reports Mixed Results For Q1, Postpones Investor Day
Nike withdraws annual revenue forecast, shares drop 6%: Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the ...
reuters.com/business/retail-consumer/nike-posts-bigger-than-expected-quarterly-sales-drop-2024-10-01/
Nike withdraws annual revenue forecast, shares drop 6%
The Best Nike Sneakers Releasing in October: Don't miss the best sneaker drops from Nike in October 2024, including the Tekken 8 x Nike Air Foamposite One ...
footwearnews.com/shoes/sneaker-news/nike-sneaker-release-date-calendar-october-2024-1203696967/
The Best Nike Sneakers Releasing in October
Nike to post steepest sales drop since COVID, analysts expect target reset: Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts ...
reuters.com/business/retail-consumer/nike-post-steepest-sales-drop-since-covid-analysts-expect-target-reset-2024-09-30/
Nike to post steepest sales drop since COVID, analysts expect target reset
Nike’s Turnaround Plan in Focus Ahead of Q1 Earnings This Week: After announcing Elliott Hill as chief executive officer earlier this month ...
footwearnews.com/business/business-news/nke-earnings-preview-turnaround-plan-q1-1203696956/
Nike’s Turnaround Plan in Focus Ahead of Q1 Earnings This Week
Nike Report Another Revenue Drop for Q1 2025: Nike have revealed their Q1 2025 earnings results, which saw a 10 per cent drop over the same quarter last year.
sneakerfreaker.com/news/nike-report-another-revenue-drop-for-q1-2025/
Nike Report Another Revenue Drop for Q1 2025
Quarterly balance: Nike: Weak start to the year: Adidas competitor Nike is struggling with problems. Among other things, the plan to rely on direct sales ...
textilwirtschaft.de/business/news/quartalsbilanz-nike-schwacher-jahresauftakt-247215
Quarterly balance: Nike: Weak start to the year
Nike postpones investor meeting after hiring new boss amid falling sales: Sportswear giant pulls financial guidance for the year to provide incoming CEO Elliott ...
theguardian.com/business/2024/oct/01/nike-financial-guidance-ceo-change-falling-sales
Nike postpones investor meeting after hiring new boss amid falling sales
Nike: Debacle, crash, expulsion - | Hope?: Company veteran to fix it.
deraktionaer.de/artikel/aktien/nike-debakel-crash-rausschmiss-hoffnung-20367515.html
Nike: Debacle, crash, expulsion - | Hope?
Quick Glance: Zuckerberg Overtakes Bezos as Second Richest
  • Mark Zuckerberg has surpassed Jeff Bezos to become the second richest person in the world with a net worth of $206 billion.

  • Elon Musk remains the richest with $256 billion, while Meta, founded by Zuckerberg, boasts a market capitalization of $1.255 trillion.

  • Meta's stock surged by 23% following strong sales results for Q2 2024, marking Zuckerberg's return to the top 10 richest individuals.

  • Forecasts suggest Zuckerberg could achieve trillionaire status by 2030 if he maintains his current growth rate of 35.8%.
Weak demand for cars: VW Group further cuts forecast: The struggling Volkswagen Group is coming under increasing pressure. The group has to cut its forecast ...
zdf.de/nachrichten/wirtschaft/unternehmen/automarkt-deutschland-volkswagen-prognose-gesenkt-100.html
Weak demand for cars: VW Group further cuts forecast
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices: A slump in oil prices probably reduced Exxon Mobil's third-quarter upstream earnings by ...
reuters.com/business/energy/exxon-mobil-signals-fall-third-quarter-oil-gas-earnings-2024-10-03/
Exxon Mobil expects 3rd-quarter earnings were hit by lower oil prices
Mark Zuckerberg joins exclusive $200 billion club, closes in on third-richest person in world
cnn.com/2024/09/28/business/zuckerberg-200-billion-richest-meta/
Mark Zuckerberg joins exclusive $200 billion club, closes in on ...
Quick Glance: Zuckerberg Approaches Title of Third-Richest Individual
  • Mark Zuckerberg's wealth surged by $73.4 billion in 2024, reaching $201 billion.

  • He is now the fourth richest person globally, joining the exclusive $200 billion club.

  • Meta shares have risen nearly 64% this year, hitting a record high of $568.31.

  • Zuckerberg announced that Meta AI is on track to become the world's most used assistant.
Nike's new CEO started as an intern—what you can learn, from a leadership expert: 'There's something in the water here that everyone can drink'
cnbc.com/2024/10/01/nikes-new-ceo-started-as-an-intern-and-worked-his-way-up.html
Nike's new CEO started as an intern—what you can learn, from a leadership ...
Nike’s new CEO climbed his way from intern to top boss in almost 30 years: Starting as an intern and climbing the corporate ladder, Nike's CEO trajectory ...
fortune.com/2024/09/20/nike-ceo-elliott-hill-resume-career/
Nike’s new CEO climbed his way from intern to top boss in almost 30 years
China and India reveal emerging market mistakes: Investors make two profound errors in their approach to emerging markets. First, they are entranced by GDP ...
reuters.com/breakingviews/china-india-reveal-emerging-market-mistakes-2024-10-04/
China and India reveal emerging market mistakes
MLB scraps All-Star Game uniforms; players to go back to team jerseys: After four years of annual Nike-designed All-Star uniforms, the league confirmed Monday it ...
latimes.com/sports/story/2024-09-30/mlb-scraps-all-star-game-uniforms-again-wear-team-uniforms
MLB scraps All-Star Game uniforms; players to go back to team jerseys
Nike welcomes new CEO with $27 million payday: Veteran executive Elliott Hill retired from the retailer in 2020—and he’s back.
fortune.com/2024/09/19/nike-new-ceo-millions-payday-jordan/
Nike welcomes new CEO with $27 million payday
Quick Glance: Elliott Hill Takes Over as New Nike CEO
  • John Donahoe will step down as Nike CEO on October 13, with Elliott Hill taking over on October 14.

  • This decision follows a company-wide restructuring and a decline in market share.

  • Hill has 32 years of experience at Nike and aims to lead the brand into a new phase of growth.

  • The company plans to refocus on innovation and its core competencies.
Stock Market Today: S&P 500 Hits New High as Micron Soars: The main indexes gained ground Thursday as strong earnings from memory chipmaker Micron fueled AI ...
kiplinger.com/investing/stocks/stock-market-today-sandp-500-hits-new-high-as-micron-soars
Stock Market Today: S&P 500 Hits New High as Micron Soars
U.S. stock market has ‘never been healthier’ according to this key measure: More stocks outperformed the S&P 500 over the past three months than at any time on ...
marketwatch.com/story/u-s-stock-market-has-never-been-healthier-according-to-this-key-measure-23f90e66
U.S. stock market has ‘never been healthier’ according to this key measure
Ubisoft shares set for biggest one-day jump on record after takeover report: Shares in video game maker Ubisoft surged over 30% on Friday after Bloomberg ...
reuters.com/technology/ubisoft-shares-set-biggest-one-day-jump-record-after-takeover-report-2024-10-04/
Ubisoft shares set for biggest one-day jump on record after takeover ...
Quick Glance: Tencent and Guillemot Family Consider Ubisoft Buyout
  • The Guillemot family and Tencent are exploring options for a buyout of Ubisoft to stabilize the company.

  • Tencent holds just under 10% of Ubisoft's voting rights, while the Guillemot family has about 20%, complicating the situation.

  • Ubisoft is struggling with a significant decline in value and disappointing sales, increasing pressure for structural changes.

  • Following a Bloomberg report, Ubisoft's share price saw a slight increase but remains below its August levels.
Nike's CEO Needs to Lower His Expectations: New CEO Elliott Hill should follow his counterpart at Adidas by under-promising and overdelivering.
bloomberg.com/opinion/articles/2024-10-02/nike-ceo-elliott-hill-should-take-page-out-of-adidas-playbook
Nike's CEO Needs to Lower His Expectations