The Law Offices of Frank R. Cruz Announces Investigation of Nike, Inc. (NKE) on Behalf of Investors
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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US:NYSE Investor Relations:
investors.nike.com/home/default.aspx
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Nike, Inc. (“Nike” or the “Company”) (NYSE: NKE) on behalf of investors concerning the Company’s possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On June 27, 2022, Nike released its fourth quarter and full year 2022 financial results, disclosing that quarterly revenues had declined 1% year-over-year and quarterly wholesale revenues declined 7% year-over-year. On this news, Nike’s stock price fell $7.72, or 7%, to close at $102.78 per share on June 28, 2022, thereby injuring investors.Then, on September 29, 2022, Nike released its first quarter 2023 financial results, reporting a net income decline of 22% year-over-year and diluted earnings per share decline of 20% year-over-year. Additionally, the Company reported a significant reduction in gross margin driven by the disposal of excess inventory. On this news, Nike’s sto
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NKE
News
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NKE
Earnings
- 6/27/24 - Beat
NKE
Sec Filings
- 9/20/24 - Form 8-K
- 9/19/24 - Form 4
- 9/19/24 - Form 4
- NKE's page on the SEC website