Nike withdraws guidance, postpones investor day as it gears up for CEO change

[ad_1] An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square…

Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill

[ad_1] John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and…

What the second-quarter earnings results are telling investors about the rest of 2024

[ad_1] With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture…

Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness

[ad_1] Nike shoes and logo are seen at a store in Nice, France on May 28,…

Nvidia remains a little-known brand despite briefly passing Apple, Microsoft in market cap

[ad_1] Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei,…

Foot Locker stock surges 13% as turnaround shows signs of life

[ad_1] Foot Locker’s turnaround is starting to bear some fruit.  The sneaker giant saw comparable sales…

Jim Cramer says Nike should watch its back with Hoka running shoes doing so well

[ad_1] CNBC’s Jim Cramer sees footwear company Deckers Outdoor as a disruptive industry player that even…

Eli Lilly’s big GLP-1 investment — plus, what we want from 4 portfolio stock earnings

[ad_1] Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at…

No more freebies: Companies crack down on customer perks and rewards

[ad_1] Shoppers at Brickell City Centre in Miami, Florida, US, on Wednesday, June 14, 2023.  Eva…

What China’s resilient big spenders are buying and the stocks that benefit

[ad_1] Imagine a consumer base roughly the size of the adult U.S. population. That’s approximately how…

Levi Strauss shares drop after retailer slashes guidance on weak wholesale revenue

[ad_1] Levi Strauss on Thursday drastically cut its profit outlook for the year after the apparel…