Bloomberg Intelligence analyst Poonam Goyal wrote that out of the last quarter's results, "better-than-expected wholesale and ...
As you can see in the chart, Nike's sales are dropping from record highs, and its operating margins are at their lowest ...
with Nike Direct revenues down 13% and wholesale down 3%. Net income, too, fell 26% in the quarter to $1.2 billion, per a company press release. In his first earnings call as CEO, Hill didn’t ...
What’s missing in the plan is the role of NIKE’s other wholesale partners ... are now focused more on technology and not shoes and clothing. The old axiom that ‘shoes are to a teenage ...
in footwear and apparel, and in both Nike Direct and wholesale. So the entire business is doing poorly. Guidance didn't provide a reprieve. Management is forecasting a weak second half of its ...
Nike, Inc. reported revenues for its fiscal second quarter amounted to $12.4 billion, down 8 percent on a reported basis compared to the prior-year second quarter and down 9 percent on a ...