Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Nike earnings beat, but stock falls as margins take hit due to markdowns in inventory-clearing effort By: MarketWatch September 29, 2022 at 16:41 PM EDT Nike Inc. on Thursday reported earnings and sales that topped expectations, though margins took a hit during the quarter as freight costs, markdowns and the effects of a tougher foreign-exchange backdrop piled up. Read More >> Related Stocks: Adidas Ag ADR Footlocker Inc Nike Inc Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Nike earnings beat, but stock falls as margins take hit due to markdowns in inventory-clearing effort By: MarketWatch September 29, 2022 at 16:41 PM EDT Nike Inc. on Thursday reported earnings and sales that topped expectations, though margins took a hit during the quarter as freight costs, markdowns and the effects of a tougher foreign-exchange backdrop piled up. Read More >> Related Stocks: Adidas Ag ADR Footlocker Inc Nike Inc