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Stock impact report

Nike Sinks After China Sales Plunge, Delaying Turnaround Effort [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
The world's largest sportswear company expects revenue to be down in the low-single digits in the three months that started Dec. 1, a surprising turn after two straight periods of growth. Most Read from Bloomberg Hudson Tunnel Digging Work to Start as Boring Machines Ready NYC High Line-Area Building Floats $53 Million Bankruptcy Sale ICE Plans Detention Expansion With Deal to Design 'Mega Centers' How This Chameleon UK Location Became a Little-Known Hollywood Backdrop NYC's Adams Names Four to Rent Board in Challenge to Mamdani While Nike is making progress, especially in North America and the running category, investors are eager for the company to make headway in other areas of the business that are lagging. Converse sales plunged 30% in the latest quarter, while Greater China was down 17%. Chief Executive Officer Elliott Hill characterized the company's rebound as “in the middle innings.” The shares fell as much as 12% Friday, putting them on pace for the biggest Show less Read more
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