Week in review: Bleak end to 2024 for global fashion retailers [Yahoo! Finance]
Nike, Inc. (NKE)
Last nike, inc. earnings: 3/24 04:15 pm
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Source: Yahoo! Finance
During its conference call last week (27 June) to announce its FY24 results the retailer admitted ongoing headwinds will “have a more pronounced impact on FY25”. One noticeable worry was China with the retailer admitting there is continued uncertainty in the region. Perhaps it was no coincidence that Esprit announced at the same time it was in talks to divest all trademarks and main domain names of its loss-making Greater China business in a potential $47.5m deal. And it's not just China that's a cause for concern for the latter half of this year as Nike also reported continued “uneven consumer trends” in its Europe, Middle East, and Africa (EMEA) market. Esprit has already felt the impact of the rocky European market and announced back in May that it was putting Esprit Europe into administration in Germany, along with several other subsidiaries. As we step into July and mark the beginning of H2 2024, Swedish fashion brand H&M warned of a potential 6% drop in sales for June
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NKE
News
- Shareholders that lost money on NIKE, Inc.(NKE) should contact The Gross Law Firm about pending Class Action - NKEPR Newswire
- Nike Shares Plunged on Disappointing Guidance. Is This a Slam Dunk Opportunity to Buy the Stock? [Yahoo! Finance]Yahoo! Finance
- Shareholders that lost money on NIKE, Inc.(NKE) Urged to Join Class Action - Contact Levi & Korsinsky to Learn MoreAccesswire
- NIKE, Inc. Class Action: Levi & Korsinsky Reminds NIKE Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 19, 2024 – NKEAccesswire
- NIKE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuit Against NIKE, Inc. - NKEGlobeNewswire
NKE
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- 6/27/24 - Beat
NKE
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- 7/1/24 - Form 4
- 6/27/24 - Form 8-K
- 6/7/24 - Form 4
- NKE's page on the SEC website