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Nike’s Sales Fall, But Not as Much as Expected as CEO Touts Progress in Turnaround Plan
investopedia.com/nike-earnings-4q-fy2025-11761291
Nike's (NKE) fiscal fourth-quarter sales and profits declined year-over-year, but not as much as analysts expected, as the company works on its turnaround plan.
The sneaker and sportswear giant’s revenue fell 12% year-over-year to $11.1 billion, though the figure topped the analyst…
This story appeared on investopedia.com, 2025-06-26 22:39:00.994000.