_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 funny prank call 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
_kkr-pacer-harshit-rana-punished-for-breaching-ipl-code-of-conduct-fined-60-of-fees-124-oneindia-news.webp "Get the latest update on KKR's Harshit Rana as he faces punishment for breaching the IPL Code of Conduct. Despite his pivotal role in KKR's thrilling victory over Sunrisers Hyderabad, Rana finds himself in hot water. Stay tuned for more details. <br/> <br/>#KKR #IPL2024 #IPLMatch #KKRIPL #KolkataKnightRiders #IndianPremierLeague #IPLHighlights #HarshitRana #HarshitRanaFined #Oneindia<br/>~PR.274~ED.101~")
KKR Pacer Harshit Rana Punished For Breaching IPL Code of Conduct, Fined 60% of Fees | Oneindia News
⏲ 1:45 👁 910K
_chinese-voice-prank-call-124-prank-call-audios.webp "Prank Call Sounds")
_my-funniest-prank-calls-of-2023.webp "Spencer")
_nephew-tommy-prank-call-9234let-you-go-amp-pool-party9234-2-pranks.webp "PeacefulHarmony")
_rj-naved-124-rj-naved-best-prank-calls-top-10-124-part-107-124-rj-naved-mirchi-murga-2021mirchimurgayt.webp "Prank Calls")
⏲ 43 minutes 12 seconds 👁 215.4K
_man-pulls-prank-on-club-bouncer-and-it-ends-terribly.webp "He should've learned to never do that again.")
_the-jerky-boys-compilation-prank-calls.webp "Comedy Entertainment Channel")
_kkr-pacer-harshit-rana-punished-for-breaching-ipl-code-of-conduct-fined-60-of-fees-124-oneindia-news.jpg)
_chinese-voice-prank-call-124-prank-call-audios.jpg)
_my-funniest-prank-calls-of-2023.jpg)
_nephew-tommy-prank-call-9234let-you-go-amp-pool-party9234-2-pranks.jpg)
_rj-naved-124-rj-naved-best-prank-calls-top-10-124-part-107-124-rj-naved-mirchi-murga-2021mirchimurgayt.jpg)
_man-pulls-prank-on-club-bouncer-and-it-ends-terribly.jpg)
_the-jerky-boys-compilation-prank-calls.jpg)
![[+]](/images/menu.gif){kind=small}