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Nike announces $2.5B in cuts after another disappointing quarter
Nike announces $2.5B in cuts after another disappointing quarter
Nike announces $2.5B in cuts after another disappointing quarter

Published on: 10/02/2026

This news was posted by Oregon Today News

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The Beaverton-based company reported $11.2 billion in sales in the first quarter of its fiscal year, down 4% from last year and below Wall Street expectations.

News Source : https://www.kgw.com/article/money/business/nike-announces-25b-in-cuts-after-disappointing-quarter/283-3b4f6ead-c469-49ff-b255-eb272663ba17

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