China weakness

3 articles
The Motley FoolThe Motley Fool··Geoffrey Seiler

Nike Stock Down 30% YTD as New CEO Races Against Time to Execute Turnaround

Nike shares plunged 30% YTD after Q3 showed flat revenue and margin decline. CEO Hill's turnaround plan faces 20% China revenue drop and tariff headwinds.
NKEearnings missgross margin decline
The Motley FoolThe Motley Fool··Jeremy Bowman

Nike Stock Tumbles 30% Amid Restructuring, China Weakness, and Tariff Pressures

Nike stock collapsed 30% in March due to restructuring charges, China weakness, tariff concerns, and disappointing Q3 earnings.
NKEJEFBCSDKSearnings missChina weakness
BenzingaBenzinga··Lekha Gupta

Diageo Shares Plunge as Spirits Giant Reports Revenue Miss, Cuts Guidance

Diageo misses revenue targets at $10.5B, cites weak US and China demand. Shares plunge 13.6% after company cuts full-year guidance citing consumer spending constraints.
DEOearnings missweak guidance