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NKE Articles, Nike Inc. - From 06/05/24

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Company Name: Nike Inc.
Stock Symbol: NKE
Market: NYSE
Website: nike.com
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Nike's Multiyear Cost-Cutting Strategy Leads To Layoffs In Europe: Report | Benzinga

Nike Inc. (NYSE:NKE) has reportedly reduced its workforce at its European headquarters as part of a multiyear effort to trim costs. The layoffs are...
Foot Locker Shows It's Headed In The Right Direction With Its Turnaround Plan | Benzinga

On Thursday, Foot Locker (NYSE: FL) showed its turnaround plan is working as it posted better-than-expected comparable sales, with shares surging 1...

Nike Wins Partial Victory in Three-Stripe Trademark Battle with Adidas | Benzinga

Nike Inc. (NYSE:NKE) has been given the green light to feature three stripes on some of its trouser designs in Germany following a c...

Under Armour Is Lagging Behind Peers Like Nike & Lululemon! Analyst Explains Why | Benzinga

Under Armour, Inc. (NYSE:UAA) shares are trading mildly higher on Friday. Yesterday, the company reported a fourth-quarter revenue declin...
Former Facebook, Nike DEI Manager Entrusted With 'Doing The Right Thing' Gets Over 5 Years In Prison For $5M Fraud | Benzinga

A former diversity manager at Facebook and Nike has been sentenced to over five years in prison for orchestrating a multi-million dollar fraud sche...

If You Invested $1000 In This Stock 20 Years Ago, You Would Have $11,000 Today | Benzinga

Nike (NYSE:NKE) has outperformed the market over the past 20 years by 4.37% on an annualized basis producing an average annual return of 12.52%. Cu...

Nike's Converse Brand Slashes Jobs As Part Of Cost-Cutting Move: Report | Benzinga

Converse footwear brand is reportedly cutting jobs as parent company Nike Inc. (NYSE:NKE) continues its cost-saving measures by redu...
Roblox And Electronic Arts Are Struggling With Muted Player Spending | Benzinga

On Thursday, Roblox Corporation (NYSE: RBLX) dialed back its growth forecasts after its first quarter report reflected a slowdown in...

Adidas Puts Yeezy History Behind, Rides Fashion High With Samba And Gazelle Shoes | Benzinga

Adidas AG (OTC:ADDYY) has seen a surge in sales thanks to its Samba and Gazelle shoes, despite a decline in North American sales. What Happened: Ad...

$1000 Invested In Nike 15 Years Ago Would Be Worth This Much Today | Benzinga

Nike (NYSE:NKE) has outperformed the market over the past 15 years by 1.57% on an annualized basis producing an average annual return of 13.71%. Cu...
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