Nike Inc (NYSE:NKE, ETR:NKE) shares moved lower afterhours as the athletic apparel brand posted year-over-year declines in both revenues and profits for the fiscal first quarter.  Revenue for the thr
Nike posted a bigger-than-expected drop in first-quarter revenue on Tuesday, as the sportswear giant battles weak demand in key market China and faces stiff competition from newer brands globally.
BEAVERTON, Ore.--(BUSINESS WIRE)--NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its first quarter ended August 31, 2024. First quarter revenues were $11.6 billion, down 10 per
Landon Swan from @LikeFolio says expectations for Nike (NKE) may be higher than expected. Smaller companies gaining traction in the industry can hurt Nike if they all close the gap in the athletics ra
Nike will report fiscal first quarter earnings after the bell on Tuesday. Analysts from LSEG are expecting earnings per share of 52 cents on revenue of $11.65 billion.

September Manufacturing Data in Focus

11:51am, Tuesday, 01'st Oct 2024
We start a new trading day quietly, albeit at record-high levels on the blue-chip Dow and S&P 500 indexes. We're lower at this hour, but unconvincingly so: the Dow is -121 points, -0.28%, the S&P -0.1
Manufacturing looks to continue progressing toward breakeven, while JOLTS data is expected to be mild. Plus Nike (NKE) earnings.

2 Cheap Stocks Top Managers Have Been Buying

11:00am, Tuesday, 01'st Oct 2024
A couple of the best fund managers like these undervalued stocks.
In financial markets, certain price levels are more important than others. Sometimes the reason why a level is important is clear but many times it isn't.
Nike's going back to the past to ensure its future.
Matt Powers, Managing Partner at Powers Advisory Group, is optimistic about Nike's new CEO, Elliot Hill, but advises waiting for the earnings report before increasing investments. He highlights Nike's
The major indexes are trading near record highs after the Fed's rate cut fueled a rebound from a shaky start to September. Looking ahead at specific companies, October brings a major product launch fr
Nike (NKE) will report fiscal first-quarter earnings after the bell Tuesday, and analysts are projecting sales and profits to decline year-over-year—but calling for little upside to the stock.
As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott
Nike earnings are seen tumbling with the Dow giant bringing in a new CEO to right the ship. Nike stock rose on that news, but is off sharply in 2024.
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