Nike (NYSE: NKE) experienced a decline in postmarket trading on Tuesday. During an earnings conference call, management announced that the athletic apparel company would be withdrawing its FY25 guidance and postponing its Investor Day event. The decision is attributed to the ongoing CEO transition.
Nike Earnings: Key Insights and Related Stock Declines
Related stories
Technology
Please Stop Creating Confusing Doomsday Clocks
A Saudi-backed business school in Switzerland has introduced a...
Business
Citigroup Q3 2024 Earnings Surpass Expectations
Citigroup reported its third-quarter results on Tuesday, surpassing Wall...
Finance News
TGI Fridays Closes 12 Stores Across America in a Single Month
TGI Fridays has recently closed 12 of its U.S....
Technology
Top Dyson Offer: Refurbished Airwrap or Airstrait Available for Under $250
As of October 15, Dyson announced significant discounts on...
Previous article
Next article