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Stock impact report

Nike stock plummets nearly 20% in 1 day [Yahoo! Finance]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
This comes after the shoe and athletic wear company missed Wall Street's revenue targets and cut its full-year sales guidance. You need a nearly $300K down payment to have an ‘affordable' mortgage in Portland: report Company executives said they expect sales to decline by single digits, citing a “challenging” environment. Nike's dour outlook dragged other athletic apparel companies down with it. Foot Locker fell 2.4%, Skechers lost 1% and Under Armour — with operations in Portland — dropped 2.6%. Nike founder Phil Knight told CNBC that CEO John Donahue has his full support. Copyright 2024 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to KOIN.com. Show less Read more
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