Previous Close | 95.74 |
Open | 95.42 |
Bid | 0.00 x 900 |
Ask | 0.00 x 1300 |
Day's Range | 94.49 - 96.22 |
52 Week Range | 88.66 - 128.68 |
Volume | |
Avg. Volume | 9,774,900 |
Market Cap | 142.68B |
Beta (5Y Monthly) | 1.09 |
PE Ratio (TTM) | 27.80 |
EPS (TTM) | 3.40 |
Earnings Date | Jun 27, 2024 - Jul 01, 2024 |
Forward Dividend & Yield | 1.48 (1.57%) |
Ex-Dividend Date | Mar 01, 2024 |
1y Target Est | 109.83 |
Higher freight costs and lower consumer buying power could hit retailers in the coming months.
Nike is laying off approximately 740 employees, while Lululemon is trimming a little over 128 jobs as it shutters a distribution center.
The "second phase of impacts" would begin by June 28 at its headquarters, Michele Adams, Nike's vice president for people solutions, said in a legally mandated notice to state authorities. Nike had in December announced a cost savings plan for $2 billion over the next three years, and in February said it would cut about 2% of its total workforce, or more than 1,600 roles. It had about 83,700 employees as of May 31, 2023.