Despite the big EPS beat and better gross margins, the stock fell 10% as investors realized that the turnaround is in its ...
Good morning. Nike held its Q1 2025 earnings call on Tuesday—without its outgoing CEO John Donahoe or its incoming CEO ...
Nike is a running brand, and it’s incredibly important for Nike to win with runners,” said the company’s CFO Matthew Friend.
Nike shares closed nearly 7% lower on Wednesday after the sportswear giant withdrew its annual revenue target, leaving ...
Shoppers are backing off the brand, and it’s up to new leadership to reinvigorate the product lines.
Nike Inc.’s stock fell on Wednesday after the athletic-apparel company’s latest quarterly results disappointed investors.
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak consumer ...
John Kernan, at TD Cowen, reduced his EPS estimates on Nike by 11 percent for FY25 and 5 percent for FY26. He kept his “Hold” rating, but raised his price target to $78 from $71 to reflect improved ...
Nike stock (NKE) sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates ...
Adidas has outperformed Nike recently, rebounding 82% from its 2022 low, while Nike lost 16% during the same period.