Nike's profit plunged in its latest quarter after sales fell 12% and the sportswear brand worked to clear aged inventory and crank up marketing to jumpstart its turnaround under a new chief executive.

Macy's announced that it's closing more than a dozen additional stores in 2026 as it pushes forward with plans to shutter underperforming locations to boost profitability. Approximately 14 stores are ...

(1) See non-GAAP Measures later in this release. Also see Tables Four and Five for details regarding the nature of restaurant-level operating margin and operating income margin adjustments, ...

Nike's profit plunged in its latest quarter after revenue fell 12% and the sportswear brand worked to clear aged inventory and jumpstart its turnaround under a new chief executive. Nike is in the ...