Tag: Nike Inc
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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 […]
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Walmart and Home Depot are starting sales earnings this week
Walmart and Home Depot are kicking off the sales season this week. Industry observers expect companies to adopt a more cautious tone as inflation continues. Healthier profit margins can be a silver lining as some costs come down. Shoppers walk past a Bloomingdale’s store in the SoHo neighborhood of New York, USA on Wednesday, December […]