Nike CEO John Donahoe blamed remote work for the company falling behind on innovation, saying that it's tough to build disruptive products on Zoom.
Nike CEO John Donahoe acknowledged that the brand went too far when it iced out wholesalers like Macy's and DSW in favor of its own stores and website.
Nike is spending more on this Olympics than any previous Games, top executives said on Friday, as the U.S. sportswear brand embarks on a marketing push it hopes will revive flagging sales and help com

Nike stock gets a boost on BofA upgrade

05:46pm, Thursday, 11'th Apr 2024
Bank of America upgrades Nike (NKE) shares to a Buy rating from a Neutral rating. Bank of America Securities Analyst Lorraine Hutchinson — who was behind the stock call — wrote that "estimates fin
Nike (NKE) shares rose 3.4% Thursday after Bank of America Securities upgraded its rating on the stock, citing optimism that the athletic apparel retailer's earnings estimates “finally look achievab

Nike, Airbnb, Doordash | Top Calls

03:35pm, Thursday, 11'th Apr 2024
Top calls today are Nike, Airbnb and Doordash.

Why Nike Stock Is Sprinting Higher Today

01:32pm, Thursday, 11'th Apr 2024
Nike shares have underperformed in recent years, but the stock got an upgrade on Thursday. Bank of America believes expectations are finally reasonable, and predicts Nike is on its way toward turning
Nike Inc (NYSE:NKE, ETR:NKE) climbed on Thursday after Bank of America granted the sportswear retailer with an upgrade, arguing “estimates finally look achievable”. Analysts bumped Nike up from a

Bank of America upgrades Nike, here's why

12:35pm, Thursday, 11'th Apr 2024
Lorraine Hutchinson, retail analyst at BofA Securities, joins 'Money Movers' to discuss why Nike's earnings estimates look achievable, how Nike lost the innovation edge, and more.

Analyst: Blue-Chip Apparel Stock Is a 'Buy'

10:52am, Thursday, 11'th Apr 2024
BofA Securities upgraded Nike Inc (NYSE:NKE) stock to "buy" from "neutral" this morning, hiking its price target to $113 from $110.
BofA upgraded Dow Jones giant Nike to a buy Thursday. Estimates "finally look achievable" and the Paris Olympics should provide a boon.
According to a recent survey from Piper Sandler, Nike (NKE) remains the number one brand for teenage consumers across footwear and apparel. In addition, luxury athleisure brand Lululemon (LULU), which

JPMorgan's top retail picks

10:55am, Tuesday, 09'th Apr 2024
Matthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss Boss' thoughts on American Eagle's 'secret sauce', what the retail analyst likes with Levi Strauss, and more.
Sure, reward points and perks are a nice cost of entry. But based on consumer feedback, loyalty programs in 2024 might want to consider offering painkillers.
Nike (NKE) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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