Nike's Declining Sales Forecast Sends Stock Tumbling

Thursday, 27 June 2024, 21:59
Nike faces a significant setback as the company projects a steeper decline in sales for 2025 than anticipated, leading to a sharp drop in stock value. This news follows a pattern of slowing sales growth over the past year, highlighting the challenges the company is currently experiencing in the market.
Yahoo Finance
Nike's Declining Sales Forecast Sends Stock Tumbling

Nike Stock Plummets

Nike's stock value takes a hit following bleak sales projections for 2025, signaling a challenging year ahead.

Slumping Sales

The company's earnings report reflects a continued decline in sales growth, raising concerns among investors.

Impactful Points: Nike Stock Plummets, 2025 Sales Projections, Slowing Sales Growth

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