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home / news releases / nike shares slump as cfo hints to guidance cut reven

LULU - Nike shares slump as CFO hints to guidance cut revenue misses expectations

lululemon athletica inc.

2024-06-27 16:40:49 ET

Nike ( NYSE: NKE ) shares are reversing a knee-jerk reaction higher and losing ground after remarks from the company’s CFO acknowledging macro challenges hinted to a guidance cut, and FQ4 revenue was worse than Wall Street expected.  ...

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Nike shares slump as CFO hints to guidance cut, revenue misses expectations
Stock Information
Company Name: lululemon athletica inc.
Stock Symbol: LULU
Market: NASDAQ
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