Latest Nike News & Updates

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Nike

Multinational sportswear and footwear brand

Last updated October 27

Latest news about Nike

In short: Nike reported declining revenue, falling China sales, and job cuts amid a prolonged turnaround effort.

October 1 Nike

The initiative reorganizes into three geographies, establishes a Bengaluru campus, modernizes the supply chain, and reduces roles starting in 2027.

October 1 Nike

Revenues declined 4% to $11.2 billion while gross margin expanded. Nike announced Pace transformation for long-term value.

August 6 Nike

The board declared the cash dividend payable on October 1, 2026, to shareholders of record at the close of business on September 1, 2026.

June 30 Nike

Full-year revenue of $46.4 billion was flat, while Q4 net income surged due to IEEPA tariff recoveries.

October 27 ProtoThema English

The world’s biggest sportswear company is battling falling sales, fierce competition from On and Hoka, and the loss of ...

October 24 Yahoo Finance

Key TakeawaysNike's fiscal Q1 revenue fell 4% to $11. 21 billion, while gross margin rose 60 basis points to 42.

October 24 Yahoo Finance

Nike (NYSE:NKE) has approved South Korea based Genon’s AI system to automatically detect defective o...

October 23 MSN

Transparency, realistic expectations, and strategic mindset are among Wall Street's first-impressions of David Denton.

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