Nike posts another sales increase as turnaround work continues
Nike on Thursday reported a small sales increase in the second quarter of its fiscal year, ostensibly another sign of progress on Chief Executive Elliott Hill’s ongoing turnaround plan. But…
Columbia Sportswear posts Q2 loss, net sales decline
Net sales at Columbia Sportswear decreased 8 percent or 7 percent constant-currency to 570.2 million dollars reflecting lower wholesale net sales in the US due to retailer cautiousness, a difficult…
Nike posts surprise drop in sales, sending shares tanking
Nike on Thursday forecast a surprise drop in fiscal 2025 sales, after disappointing fourth-quarter sales laid bare the company’s weakening market share and its faltering direct-to-consumer strategy. Shares of the…