NIKE (NKE, Financial) continues to struggle in its comeback attempt, as shown by its weak 1Q25 earnings report. Although the company exceeded EPS estimates for the fifth consecutive quarter, aided by

Nike stock sinks on earnings, guidance change

12:11pm, Wednesday, 02'nd Oct 2024
Nike (NKE) is looking for a fresh start under its new CEO, Elliott Hill. The footwear giant reported mixed fiscal first quarter results, withdrew its full-year sales guidance, and postponed its invest

Nike Inc (NKE) Shares Down 5.95% on Oct 2

12:04pm, Wednesday, 02'nd Oct 2024
Shares of Nike Inc (NKE, Financial) fell 5.95% in mid-day trading on Oct 2. The stock reached an intraday low of $81.77, before recovering slightly to $83.83, down from its previous close of $89.13.
Nike's latest results have positive implications for Adidas and Puma, but raise concerns for JD Sports Fashion PLC (LSE:JD.), according to analysts.

Why Nike Stock Sank Today

11:48am, Wednesday, 02'nd Oct 2024
Sales are slower than expected, leading to lower profit margins again.
On October 2, European stock markets experienced widespread declines, with major indices like France's CAC40 and Germany's DAX falling. In the US market, all three major indices opened lower.
Nike Inc's NKE first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts.
Sam Poser, Williams Trading analyst, joins CNBC to discuss why he has a buy rating on Nike while shares are down today, expectations for the incoming leadership, and more.
Nike (NKE, Financial) experienced a significant drop of over 8%, reaching $81.77 per share. This decline followed the company's announcement that its first-quarter revenue fell by approximately 10% co
Nike NYSE: NKE shares fell after the Q1 report, which opened an opportunity for investors. The fall is due to numerous factors, including weaker-than-expected results, revoked guidance, and a CEO tran
Nike (NKE) shares slipped after releasing earnings, and James Demmert says its misses show concern for its outlook. Among the headwinds James cites: lack of innovation, rising competition in On Holdin

The Nike (NKE) Quarter “We Expected”

09:52am, Wednesday, 02'nd Oct 2024
Zach Warring from CFRA joins to discuss Nike's (NKE) earnings report and new CEO. “A lot of the competitive pressures are overblown,” he adds, despite fears around upstarts like Hoka or On Holding
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
The athletic gear maker hasn't had a good run lately and has been steadily losing market share to competitors.
While Nike bulls have been anticipating turnaround plans to bear fruit in the Spring 2026 fashion cycle, “that timeline may prove optimistic,” according to one analyst.
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