Nike posted a smaller-than-expected drop in second-quarter revenue on Thursday, as the embattled sportswear brand's release of newer versions of performance and running shoes drew customers to its stores and website.


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Reuters

United Kingdom

Nike posts smaller-than-expected fall in second-quarter sales


Nike posted a smaller-than-expected drop in second-quarter revenue on Thursday, as the embattled sportswear brand's release of newer versions of performance and running shoes drew customers to its stores and website.

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Revenues, on the other hand, shrunk 8% to US$ 12.35 billion...

Já as receitas encolheram 8%, para US$ 12,35 bilhõ...

Lucro da Nike cai 26% no trimestre fiscal, mas supera as estimativas do mercado

Globo

Roberto Irineu Marinho

Brazil

Nike's profit falls 26% in the fiscal quarter but exceeds market estimates

Nike's results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive predicted revenues would fall by double digits in the third quarter.

New York Post

Murdoch family

New York

United States

Nike CEO says sneaker giant ‘lost its obsession with sport,’ vows to revive iconic brand

Nike reported earnings after the bell. Here are the results.

CNBC

Roberts family

Nike posts better-than-feared results in Elliott Hill's first quarter as CEO

Despite a less-than-rosy earnings report, Hill communicated confidence in Nike’s business and future.

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Advance Publications

New Nike CEO Elliott Hill discusses turnaround plans after Q2 earnings

CEO vows to right the ship by refocusing Nike's business on sport, selling items at premium prices.

The Straits Times

Singapore Press Holdings

Singapore

Nike results beat low expectations; CEO warns turnaround will be a slog

At the close of the Wall Street session, Nike published the results for its second fiscal quarter: profits of 1,163 million dollars, which represents 27% less than the previous year, and revenues of 12,354 million, minus 8%. Hill, who took office in October, indicated that his priority is to “return the sport to the center of everything” that the company does. “[We are taking] immediate actions to reposition the business, so that we can once aga…

No fecho da sessão de Wall Street, a Nike publicou os resultados do seu segundo trimestre fiscal: lucros de 1.163 milhões de dólares, o que representa menos 27% face ao ano anterior, e receitas de 12.354 milhões, menos 8%.   Hill, que assumiu o cargo em outubro, indicou que a sua prioridade é "devolver o desporto ao centro de tudo" o que a empresa faz. "[Estamos a tomar] Ações imediatas para reposicionar o negócio, para podermos mais uma vez for…

Nike reduz lucro trimestral mas cumpre expectativas com o novo CEO

Noticias ao Minuto

Portugal

Nike reduces quarterly profit but meets expectations with the new CEO

Nike Inc.’s new Chief Executive Officer Elliott Hill pledged to reignite growth by refocusing on sports and revamping the company’s products. But first, he has to undo all the the things his predecessor did wrong.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Nike’s New CEO Says Turnaround Efforts May Hurt in Short Term

New Nike CEO Elliott Hill on Thursday said the company must refocus on sports. The company reported an 8% quarterly sales drop, slightly better than what Wall Street expected.

The Oregonian

Portland

Multnomah County

Oregon

Nike sales drop but stock holds steady as new CEO talks turnaround

Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.

Nike posts smaller-than-expected fall in second-quarter sales

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