Latest news with #Footlocker
Yahoo
01-08-2025
- Business
- Yahoo
NIKE, Inc. (NKE) Has To Do More Layoffs, Says Jim Cramer
We recently published . NIKE, Inc. (NYSE:NKE) is one of the stocks Jim Cramer recently discussed. NIKE, Inc. (NYSE:NKE) is an athletic apparel and footwear retailer currently in the midst of a long-drawn turnaround effort. The firm's shares have gained 6% year-to-date, primarily on the back of a 28% gain that started in late June. NIKE, Inc. (NYSE:NKE)'s shares soared after the firm's fiscal Q4 earnings report saw it report $0.14 in EPS and $11.10 billion in revenue to beat analyst estimates of $0.13 and $10.72 billion. Cramer's previous comments about NIKE, Inc. (NYSE:NKE) have discussed the turnaround and speculated that the firm would have to cut prices. This time, he stressed that the firm needs another layoff to streamline operations: Copyright: halfpoint / 123RF Stock Photo 'I know. I was expecting, I was thinking that Nike would have another layoff. I think that they're still too bloated. . . ..I think that the Footlocker buy by Dick's is an acknowledgement that Footlocker's getting the right Nikes. I think, but I think they needed another cut. I think they have too many people. That's out there. I just think it's still a little too early. I think that industry clustered around Nike, and that Nike no longer seems to have that athletic edge that they once had.' While we acknowledge the potential of NKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
The Independent
04-07-2025
- The Independent
Thieves haul wheelie bins packed with stolen clothing through Nottingham
Two men, Ellis Bishop and Reece Wheat, stole thousands of pounds worth of clothes from Footlocker in Nottingham city centre on 13 May. CCTV footage released by Nottinghamshire Police showed the pair using wheelie bins to transport the stolen items. Wheat was later identified by a store worker who recognised him wearing missing Nike clothing. Both men pleaded guilty to charges of burglary and theft; Wheat received a nine-month custodial sentence, and Bishop was sentenced to 26 weeks in prison. Watch the video in full above.
The Independent
04-07-2025
- The Independent
Watch as thieves drag wheelie bin filled with thousands of pounds worth of clothing through city centre
A pair of thieves hauled wheelie bins stuffed with thousands of pounds of clothes through Nottingham city centre. CCTV shared by Nottinghamshire Police on Thursday (3 July) shows Ellis Bishop, 31, of Bath Street in St Ann's, and Reece Wheat, 28, of no fixed address, outside Footlocker filling two bins with stolen goods on 13 May. Wheat was later spotted after a store worker noticed him wearing Nike clothing that matched missing items. He previously pleaded guilty to two counts of burglary, two counts of theft and using threatening words with intent to cause fear of violence and was given a nine-month custodial sentence. Bishop pleaded guilty to one count of burglary and four counts of theft and was sentenced to 26 weeks in prison.
Yahoo
03-07-2025
- Yahoo
Thief dragged wheelie bin filled with stolen clothes through city centre
An accomplice in a robbery which saw two men drag wheelie bins stuffed with thousands of pounds of stolen clothes through Nottingham city centre has been identified. The two individuals stole tonnes of stock - including expensive trainers and clothes - from Footlocker, in Clumber Street, in the early hours of May 13. They then hid the items in two wheelie bins and dragged them through the streets of Nottingham city centre. CCTV had previously identified Reece Wheat as one of the suspects, however another man was captured helping him break into the store and stuff the items into the bins. READ MORE: Young burglar who claimed to be policeman snared by 'distinctive trousers' READ MORE: Brits warned of airport scam where most people don't realise they've been robbed The hooded accomplice in the footage was found to be Ellis Bishop, who was easily identified based on the distinctive tattoos he has on his leg and arms. The 30-year-old was later found to be responsible for a further three shop thefts on May 27, June 15 and June 20 and was subsequently charged with burglary and four counts of shop theft. This included the theft of the bins. Bishop, of Bath Street, St Ann's, admitted to each charge at Nottingham Magistrates' Court on Monday (30 June) and was sentenced to 26 weeks in prison. PC Ben King, of the City Centre neighbourhood policing team, said: "Thousands of pounds worth of stock was stolen during this break-in, before being paraded through the city centre in a pair of wheelie bins. "Ellis Bishop played a leading role in this brazen burglary by taking the bins from a neighbouring shop and then helping Reece Wheat fill them with stolen trainers and clothes. "Retail crime can have a real impact on businesses and the staff that work there, so we're pleased to have now locked up both the people responsible for this burglary."
The Independent
30-05-2025
- General
- The Independent
Brazen thief uses wheelie bins to carry out £3,000 Footlocker raid
This is the moment a thief used wheelie bins to steal £3,000 worth of Footlocker items after breaking into a store in Nottingham in the early hours of 13 May. CCTV inquiries found 28-year-old Reece Wheat, of no fixed address, was responsible for the burglary and that he'd gained access by removing window bars and climbing into a toilet area within the premises. The bins, stolen from a nearby bar, were used to transport the items. Once inside, he changed into staff uniform in an apparent effort to thwart a police investigation. Wheat also stole almost £30 worth of washing capsules from Savers, in Exchange Street, on 27 April. He pleaded guilty to two counts of burglary, two counts of theft and using threatening words with intent to cause fear of violence and was jailed for nine months on Monday (26 May).
