New York, March 20, 2025 (AFP) - Nike shares slide despite outrunning expectations

NAMPA / AFP

2025-03-21

Athletic footwear and apparel giant Nike on Thursday reported a nine percent decline in third-quarter revenues, as the company continues to navigate challenging market conditions. The results were better than analyst expectations but the struggling company's share price nevertheless sank by more than four percent in after-hours trading. The Oregon-based sportswear manufacturer posted revenues of $11.3 billion for the quarter ended on February 28,......

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WINDHOEK, 27 March 2025 - President of the Popular Democratic Movement, McHenry Venaani speaking after the tabling of the 2025/26 National Budget on Thursday. (Photo: Justina Shuumbwa) NAMPA

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