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Nike's Vomero 18 Quietly Became A $100 Million Franchise In 90 Days As CEO Says It's 'Time To Turn The Page' — Investor Gary Black Cheers 10% After-Hours Rally
Friday, June 27, 2025 - 12:20am | 971Read More...Among the standout developments in Nike Inc.’s (NYSE:NKE) fourth quarter earnings on Thursday was the rapid ascent of its Vomero 18 running shoes, which became a $100 million franchise within just 90 days of launch. Check out the current price of NKE stock here.What Happened: During the...
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Bill Ackman-Backed Nike Reports Worst Footwear Revenue In More Than A Decade, Takes Action To Continue 'Liquidating Inventory' Amid Grim Outlook
Friday, March 21, 2025 - 2:45am | 900Read More...Nike Inc. (NYSE:NKE) reported its worst footwear revenue in over a decade as the company transitions under its new CEO. The athletic footwear and apparel company beat its third-quarter earnings and revenue expectations while issuing a disappointing outlook for the fourth quarter. What Happened:...
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Bill Ackman Loaded Up On Nike, Now This Analyst Says Stock Expected To Shoot Up 32% By 2027 Thanks To These Factors
Friday, January 3, 2025 - 9:27am | 838Read More...Despite facing near-term headwinds, Nike Inc.’s (NYSE:NKE) turnaround strategy with the new CEO at the helm can propel the stock by 32% to $97 per share, said an analyst as veteran hedge fund manager Bill Ackman loads up on the shares. What Happened: Daan Rjinberk, a senior officer of trade...
