Previous close | 114.00 |
Open | 94.86 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's range | 93.00 - 96.19 |
52-week range | 88.76 - 127.92 |
Volume | |
Avg. volume | 55,363 |
Market cap | 146.296B |
Beta (5Y monthly) | 1.11 |
PE ratio (TTM) | 35.19 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.36 (1.19%) |
Ex-dividend date | 01 Sept 2023 |
1y target est | N/A |
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.