Over the last 12 months the S&P 500 is up 32%, maintaining the torrid pace of growth that began in late 2022. Although only a literal handful of stocks accounted for most of the popular benchmark inde

Is Nike running out of steam?

04:44am, Friday, 22'nd Mar 2024
Is the great Nike Inc (NYSE:NKE, ETR:NKE) running out of steam? The latest results from the king of trainers suggest it is flagging a little faced with headwinds such as slowing sales growth in China.
Nike warned investors that sales will take a hit later this year as it works to realign merchandise to better match what shoppers want to buy.  Meanwhile, Lululemon said visits to US stores slowed at
Nike (NKE) stock fell nearly 6% in after-hours trading Thursday as the athletic apparel company provided a sluggish outlook for revenue that offset a better-than-expected quarterly earnings report.

NIKE, Inc. (NKE) Q3 2024 Earnings Call Transcript

08:35pm, Thursday, 21'st Mar 2024
NIKE, Inc. (NKE) Q3 2024 Earnings Call Transcript
It's a tale of two athletic apparel makers. Nike (NKE) reported third-quarter results that were better than Wall Street had been expecting.

Nike Continues to Distance Brand From D2C Push

08:15pm, Thursday, 21'st Mar 2024
Nike may have beaten the street with its fiscal year Q3 earnings, but it's hardly taking a victory lap. Acknowledging that this was a “difficult time” for the brand, CEO John Donahoe told Thursday
Executives acknowledged that Nike's direct-to-consumer strategy was not driving growth as expected and that it was losing ground in the running category.
Overall, the U.S. economy is clicking and the market is not missing out.
Nike (NKE) stock fell in post-market trading Thursday on a fourth quarter earnings report that beat analysts' expectations in the first report since the athletic apparel maker announced plans to cut a
The headline numbers for NIKE (NKE) give insight into how the company performed in the quarter ended February 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates
Nike (NKE) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.79 per share a year ago.
Simeon Siegel, BMO Capital Markets senior analyst, joins 'Closing Bell Overtime' to discuss Nike and Lululemon quarterly results.
Nike is in the midst of a broad restructuring to cut costs by about $2 billion over the next three years as consumer demand remains uncertain.
Shares of Nike Inc. rose after hours on Thursday, after the sneaker maker reported fiscal third-quarter results that beat expectations and management said it was “encouraged” by the company's effo
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