_nike-expects-revenue-dip-in-first-half-of-2025-as-it-slashes-production-of-classic-shoe-franchises.jpg "Nike Expects Revenue Dip in First Half of 2025 as it Slashes Production of Classic Shoe Franchises from call c Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 2.5M times
✓ Published: 23-Mar-2024
👁 View: 2.5M times
✓ Published: 23-Mar-2024
Description:
Nike warned its revenue in the first half of fiscal 2025 will decline by a low single-digit percentage as it scales back production of some classic shoe franchises to cut costs. On a post-earnings call, Nike's CFO said the company is reducing orders for shoes like the Air Force 1 and Pegasus Running as it shifts focus to upcoming launches. Newer brands like On and Hoka have been gaining market share by offering innovative performance shoes that appeal to customers. Nike's Q3 revenue rose 0.3% to $12.43 billion, beating estimates. The company maintained its fiscal 2024 revenue growth forecast of 1%.
Nike warned its revenue in the first half of fiscal 2025 will decline by a low single-digit percentage as it scales back production of some classic shoe franchises to cut costs. On a post-earnings call, Nike's CFO said the company is reducing orders for shoes like the Air Force 1 and Pegasus Running as it shifts focus to upcoming launches. Newer brands like On and Hoka have been gaining market share by offering innovative performance shoes that appeal to customers. Nike's Q3 revenue rose 0.3% to $12.43 billion, beating estimates. The company maintained its fiscal 2024 revenue growth forecast of 1%.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_govt-to-review-relevant-laws-in-light-of-increasing-online-drug-sales-says-home-minister.webp "The government will review the relevant laws soon in light of increasing cases involving online drug transactions, says Datuk Seri Saifuddin Nasution Ismail.<br/><br/>Describing the phenomenon as a “new threat”, the Home Minister told a press conference on Tuesday (March 26) that there was a pressing need to review drug-related laws since drug dealers are using online shopping and social media platforms to sell the dangerous items.<br/><br/>Meanwhile, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the emergence of a so-called “mushroom vape” is also causing concern as the drug is not placed under the Poisons Act 1952 or the Dangerous Drugs Act 1952.<br/><br/>Read more at https://tinyurl.com/3pzsntcj<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
⏲ 4:24 👁 680K
_un-expert-says-israel-has-committed-genocide-in-gaza-calls-for-arms-embargo.webp "A United Nations expert told the global body's Human Rights Council on Tuesday (March 26) that Israel's military campaign in Gaza since Oct. 7 amounted to genocide and called on countries to immediately impose sanctions and an arms embargo.<br/><br/>\")
_the-legend-of-shen-li-ep-19-chinese-drama-eng-sub.webp "The Legend of Shen Li ep 19 chinese drama eng sub")
_the-legend-of-shen-li-ep-17-chinese-drama-eng-sub.webp "The Legend of Shen Li ep 17 chinese drama eng sub")
_sports-c39ttee39s-ranking-member-explains-minority39s-call-for-probe-of-36240m-african-games-expenses.webp "Citi Sports Ghana")
⏲ 11 minutes 7 seconds 👁 22
_dora-the-explorer-season-1-episode-26-call-me-mr-riddles.webp "Dora The Explorer Season 1 Episode 26 Call Me Mr Riddles")
_the-write-system-call-function-in-c.webp "Oceano")
_my-call-boy-alpha-video-dailymotion-video-dailymotion.webp "My Call Boy Alpha- video dailymotion - video Dailymotion")
Related Video Searches
Back to Search
Search call c Desi Porn
Search call c MMS Porn
Search call c XXX Videos
Search call c HD Videos
Search call c XXX Posts
Search call c Photos
Search call c Leaks
Search call c Web Series
Search call c Pics
Search call c VIP XXX
_govt-to-review-relevant-laws-in-light-of-increasing-online-drug-sales-says-home-minister.jpg)
_un-expert-says-israel-has-committed-genocide-in-gaza-calls-for-arms-embargo.jpg)
_the-legend-of-shen-li-ep-19-chinese-drama-eng-sub.jpg)
_the-legend-of-shen-li-ep-17-chinese-drama-eng-sub.jpg)
_sports-c39ttee39s-ranking-member-explains-minority39s-call-for-probe-of-36240m-african-games-expenses.jpg)
_dora-the-explorer-season-1-episode-26-call-me-mr-riddles.jpg)
_the-write-system-call-function-in-c.jpg)
_my-call-boy-alpha-video-dailymotion-video-dailymotion.jpg)
![[+]](/images/menu.gif){kind=small}