Elliott Hill is preparing to start as the CEO of Nike amid revenue decline and market challenges.Nike's Q1 fiscal 2025 earnings report shows a 10% revenue drop to $11.6 billion.It seems like Nike is shifting focus from retro styles to a running-focused brand. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized ...

Nike withdrew its annual revenue forecast on Tuesday and missed estimates for quarterly revenue as the sportswear giant battles weak footwear demand amid stiff competition from newer brands globally, sending its shares down 6% after hours.It had earlier forecast a mid-single-digit percentage range decline in annual revenue.The company is yet to see sales benefits from its drive to fast-track innovation with the launch of new product lines such as Air Max Dn and Pegasus 41 to revive demand.Analysts also say  ...

Nike (NKE) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.62%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $0.85 per share when it actually produced earnings of $1.01, delivering a surprise of 18.82%.Over the last four quarters, the compa ...

Nike (NKE, Financial) reported a 10% decline in its first-quarter revenue to $11.59 billion, falling slightly below the average analyst estimates. Despite this, the company announced earnings per share of $0.70, which exceeded expectations.The company's margins improved year-over-year and surpassed projections, credited to lower costs in products, warehousing, and logistics. Price adjustments made in the previous year also contributed to increased profitability.Nike's revenue in Greater China outperformed e ...

文章核心观点 - Nike公司财报业绩大幅下滑,收入下降10%至115.9亿美元,净利润下降28%至10.5亿美元[1] - Nike推迟了原定下个月的投资者日活动,并撤回了全年财务指引[1] - Nike新任CEO Elliot Hill将负责重振公司业绩,重建与批发渠道的关系[2][3] 根据目录分类总结 财务业绩 - Nike第一季度收入下降10%至115.9亿美元,净利润下降28%至10.5亿美元[1] - Nike撤回了全年财务指引,为新任CEO提供灵活性以调整策略[2] 业务发展 - Nike专注于自有渠道发展,导致批发渠道被竞争对手占领市场份额[3] - Nike在中国市场增长乏力,受到消费疲软和本土品牌偏好的影响[4] 管理变革 - Nike宣布由Elliot Hill接任CEO,负责重振公司业绩[2][3] - Elliot Hill将重建Nike与批发渠道的关系,弥补之前CEO Donahoe时期的缺失[3]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

财务表现 - 第一季度收入为116亿美元，同比下降10%，以固定汇率计算下降9%[2] - NIKE直营收入为47亿美元，同比下降13%，以固定汇率计算下降12%[2] - 批发收入为64亿美元，同比下降8%，以固定汇率计算下降7%[2] - 毛利率增加120个基点至45.4%[2] - 每股摊薄收益为0.70美元，同比下降26%[2] 资产负债情况 - 截至2024年8月31日的存货为83亿美元，同比下降5%[5] - 现金及等价物和短期投资为103亿美元，同比增加15亿美元[5] 股东回报 - 公司在第一季度向股东返还了18亿美元，其中包括5.58亿美元的股息(同比增长6%)和12亿美元的股票回购[6] - 截至2024年8月31日,公司已在股票回购计划下回购了9970万股,总金额约102亿美元[6] 管理层变更 - 公司宣布任命艾略特·希尔为新任总裁兼首席执行官,于2024年10月14日生效[2] 地区业绩 - 北美地区收入下降11%，其中鞋类收入下降14%，服装收入下降10%，装备收入增长34%[13] - 欧洲、中东和非洲地区收入下降13%，其中鞋类收入下降12%，服装收入下降11%，装备收入下降6%[13] - 大中华区收入下降4%，其中鞋类收入下降2%，服装收入下降9%，装备收入增长29%[13] - 亚太和拉丁美洲地区收入下降7%，其中鞋类收入下降3%，服装收入下降2%，装备收入增长9%[13] 产品类别业绩 - 耐克品牌总收入下降10%，其中鞋类收入下降10%，服装收入下降9%，装备收入增长15%[13] - 耐克公司总收入下降10%[13] 利润表现 - 北美地区利润下降15%[14] - 欧洲、中东和非洲地区利润下降15%[14] - 大中华区利润下降4%[14] - 亚太和拉丁美洲地区利润下降3%[14] - 耐克公司总利润下降22%[14]

An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas.Nike will report quarterly earnings on Tuesday as investors brace for another set of less-than-stellar results. The company announced last month that CEO John Donahoe would be stepping down.Here's what analysts are expecting from the world's largest sneaker company for its fiscal first quarter of 2025, according to consensus estimates from LSEG:Earnings per share: 52 centsRevenue ...

Tuesday, October 1st, 2024We start a new trading day quietly, albeit at record-high levels on the blue-chip Dow and S&P 500 indexes. We’re lower at this hour, but unconvincingly so: the Dow is -121 points, -0.28%, the S&P -0.11%, the Nasdaq -0.02% and the small-cap Russell 2000 is at -0.15%. But we may expect a turnaround based on favorable data after the opening bell (should it actually be favorable).September Manufacturing Data On DeckBoth ISM Manufacturing and final S&P Manufacturing PMI reports are out ...

In financial markets, certain price levels are more important than others. Sometimes the reason why a level is important is clear but many times it isn't. The good news for traders is they don't need to know why. They just need to be able to identify which ones are.For example, as you can see on the chart of Nike Inc. NKE the $88.50 level is important. This is why our team of trading experts has made it our Stock of the Day.In September 2023, $88.50 was a support level. It is not clear why. It was also a su ...