Tag: John Donahoe
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How much you would have if you invested $1,000 ten years ago
Sopa Images | Rocket | Getty Images Nike continues to attract sneaker fans and activewear enthusiasts. The retailer reported revenue of $12.4 billion for the third fiscal quarter of 2023, surpassing forecasts of $11.47 billion, according to Refinitiv’s consensus estimates. The company also reported earnings per share (EPS) of $0.79, compared to the $0.55 analysts […]
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Nike (NKE) Q3 Earnings 2023
Nike beat Wall Street expectations for its fiscal third quarter earnings and revenue. The retailer is battling overstocking and weak sales in China as the region recovers from the Covid pandemic. Investors have been watching to see if Nike’s gross margins are improving from its direct-to-consumer channels. People in protective face masks walk past the […]