Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
December 22, 2023 Comments Off
Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.
Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.
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