UPDATE—Sept. 30, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Investors and analysts expect Nike to lower annual forecasts on Tuesday when it posts quarterly results, the company's first earnings report since announcing a new CEO earlier this month.
Nike reports their fiscal Q1 '25 after the market closes on Tuesday, October 1, '24. Sell-side consensus is expecting $0.52 in EPS, roughly $878 million in operating income on $11.6 billion in revenue
Boeing Company proposed its ‘final' offer last week to end a strike that has impacted over 33,000 workers. Boeing's strike may be followed by 45,000 ILA dockworkers on the East Coast and Gulf, who t

Wall Street Brunch: Jobs Or Earnings?

06:28pm, Sunday, 29'th Sep 2024
The market is focused on inflation and jobs data, with a 50% chance of a Fed rate cut in November. Nike's earnings report is crucial, with expected revenue drops and a new CEO, Elliott Hill, starting

Jobs Data, Nike Earnings, and More to Watch

01:00pm, Sunday, 29'th Sep 2024
The unemployment rate is expected to hold at 4.2% in September, with 145,000 new jobs. Plus, earnings from Carnival, Nike, McCormick, and Levi Strauss.
After a months-long consumer flight from new sneakers and new clothing, Nike Inc. is bringing in a new chief executive. Investors liked the news.
Nike stock has tumbled in the face of recent challenges, but the pullback has created an opportunity for long-term investors. Bath & Body Works is generating plenty of cash and looks attractively valu
Foot Locker's stock has dropped 66.85% since 2016, largely due to the shift towards online shopping accelerated by COVID-19. The company is partnering with major brands like Nike and Adidas to release
Nike still has plenty of opportunities to expand in a $300 billion athletic wear industry. UPS is seeing the early signs of a turnaround, but investors can still buy the stock and get an attractive 5%

Nike on deck to report earnings

06:39pm, Friday, 27'th Sep 2024
Steve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join
Brian Nagel, Oppenheimer Senior Analyst, joins 'Closing Bell: Overtime' to discuss his look ahead to Nike next week.
NKE's Q1 results are expected to reflect the impacts of soft lifestyle product trends and challenges in Greater China. Its growth initiatives appear promising.
Nike (NKE) reports earnings after the bell Tuesday for the first quarter of fiscal 2025, weeks after announcing a CEO change, with Elliott Hill set to replace John Donahoe next month.
Nike NKE just announced that its current CEO has retired, and it's bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14.
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