If you're looking for a way to play Nike's eventual turnaround, buy Dick's Sporting Goods shares, Oppenheimer said.
The road to Nike's turnaround looks bumpier after its latest quarterly report.
Stocks are higher to start April amid rare geopolitical optimism, with the ADP jobs report also in focus
Nike's fiscal third-quarter earnings per share plunged 35% year over year as tariffs weighed heavily on gross margins. The company's wholesale revenue remained a bright spot, climbing 5% year over yea
Kevin McCarthy, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss Nike stock performance after its Q3 report, headwinds the retail giant is up against, mistakes the company made
Nike Inc (NYSE:NKE, XETRA:NKE) shares fell more than 14% on Wednesday as the athletic apparel and footwear maker reported unchanged quarterly revenue from a year ago and signalled caution for the mont
NKE's Q3 results beat estimates with flat revenues and lower EPS, while tariff-driven costs squeeze margins and pressure shares despite wholesale growth.
Nike (NYSE:NKE) stock is absorbing a wave of analyst downgrades and price target cuts following fiscal Q3 results, which the company reported on March 31.
Nike (NYSE:NKE) reported its fiscal third quarter 2026 results after the markets closed yesterday, and the stock is paying for it.
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Wednesday.
Shares in Nike are nursing hefty losses following the release of Q3 results that missed badly on forward guidance. The company is calling for declining sales through 2026, including a 2-4% decline in
Top insights from the latest market news from Wednesday, April 1, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Nike's price-to-earnings ratio is now well below its long-term average, but is still above that of the S&P 500.
The iconic sneaker maker is losing ground in its second biggest market and warns that the next quarter there could be worse.
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