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In Nike's most recent quarter (the first quarter of fiscal 2025, ended Aug. 31), Nike's revenue fell 10% compared to the first quarter of fiscal 2024, with Nike Direct down 12% and wholesale down 7%.
The case to buy or hold Nike stock now. ... Their wholesale orders created an inventory glut that's still working its way through the system today. Slowing demand, coupled with weak pricing, have ...
By selling channel, Nike direct revenue dropped 8% to $5.1 billion, and wholesale revenue rose 5% to $7.1 billion. However, ... Before you buy stock in Nike, consider this:
Nike Direct: Apparel/Footwear specialty 17,136 ... Beaverton United States: 60 CP All: Convenience/Forecourt store 16,780 3.0%: Bangkok Thailand: 61 Conad: Supermarket 16,366 ... Bologna Italy: 62 Rite Aid: Drug store/Pharmacy 16,365 -0.4%: Camp Hill United States: 63 Kingfisher: Home improvement 15,880 4.8%: London United Kingdom: 64 BJ's ...
Most Popular Products. Nike Air Zoom G.T. Jump
Revenue from its direct-to-consumer business, Nike Direct, fell 13% on a reported basis, primarily due to a 21% decline in its digital business and a 2% decline in Nike-owned stores. Wholesale ...
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