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Nike's Share Price Jumps After Hours Amid Poor Earnings, as Investors Anticipate a Turnaround
4 week ago /
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Author：小编
Nike has unveiled its financial report for the fourth quarter of fiscal year 2025, revealing its worst performance in three years. Revenues amounted to $11.1 billion, while net profits plummeted by 86% year-on-year. Despite these disappointing figures, investors' faith in Nike's transformation strategy has surged, propelling the share price upwards by over 10% in after-hours trading. Nike is currently revamping its product line to concentrate on core sports segments like running and basketball, and is fine-tuning its supply chain to mitigate the impact of tariff policies.
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