As one of the world's most recognized brands, Nike (NYSE: NKE) is a name that is all too familiar with consumers and investors alike. The business has come to dominate the athletic apparel and footwear industries, generating $51.6 billion in trailing-12-month revenue and sporting a market capitalization ...
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Nike (NYSE: NKE) stock pulled back on its recent earnings report after it reported weak revenue growth and offered disappointing guidance. The update also showed that Nike was losing market share to up-and-coming competitors like On Holding and Deckers' Hokas. However, Nike just got some good news via ...
motleyfoolusx:nke
Even with recent market turbulence, it has been an overall good year in the stock market. But the Dow Jones Industrial Average is only up 2.4% year to date (YTD) -- lagging behind the Nasdaq Composite's nearly 7% YTD return and the S&P 500's nearly 8% gain. The Dow Jones contains many industry-leading ...
motleyfoolusx:aaplusx:nkeusx:unh
Nike (NYSE: NKE) shares have been on the defensive of late, but at least one Wall Street analyst believes the stock has bottomed out. Shares of Nike climbed 3% on Thursday after the stock was upgraded at Bank of America. It's been a rough few years for Nike holders, with the stock losing about half of ...
motleyfoolusx:nke
The first thing Nike (NYSE: NKE) tells you on its investor relations page is that it's a growth company. Its recent results, however, say the opposite. Revenue at Nike was flat in its fiscal third quarter at $12.4 billion, and was up just 1% in the first three quarters of the year. Nike is facing a number ...
motleyfoolusx:nke
Wall Street has put both Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) stocks on the discount shelf this year. The retailers are down 14% and 24% in 2024, respectively, even as the S&P 500 is up 9% through late March. Both stocks will likely bounce back. Nike is the clear leader in the athletic ...
motleyfoolusx:nkeusx:lulu
Foot Locker (NYSE: FL) stock was a surprising winner this week. The sneaker and athletic apparel retailer was seen as a beneficiary of a shift in Nike's (NYSE: NKE) strategy as the footwear giant indicated in its earnings report last week. Foot Locker also gained on an analyst upgrade to start the week ...
motleyfoolusx:nkeusx:fl
With $51.6 billion in trailing-12-month sales and an iconic, globally recognized brand, Nike (NYSE: NKE) is certainly familiar to most investors. Its dominance in the sports apparel and footwear market is unmatched. But the industry is characterized by intense competition. Businesses are trying to satisfy ...
motleyfoolusx:nkeusx:lulu
There are still some well-known companies reporting earnings these days. Sportswear juggernaut Nike (NYSE: NKE) is one of them. For the three-month period that ended Feb. 29 (fiscal Q3 2024), the global leader in sports apparel and footwear posted revenue of $12.4 billion and diluted earnings per share ...
motleyfoolusx:nke
One of the more disappointing holdings in my Stocks and Shares ISA in recent years has been Nike (NYSE: NKE). The stock has fallen 20% over the past year and is only up 11% in five years. That compares very poorly to the S&P 500‘s 84% return over the last half-decade. The deadline for the current year’s ...
motleyfoolukusx:nke
Sneaker giant Nike, Inc. (NYSE: NKE) has been going through a rough patch for some time, with sales coming under pressure from weak demand and rising competition. Post-pandemic, the company shifted focus to direct-to-customer sales to take advantage of the jump in e-commerce adoption, but sales remained ...
alphastreetusx:nke
The broader stock market continues to roar higher. But 11 of the 30 components of the Dow Jones Industrial Average are down this year. The worst performers, in order, are Boeing (NYSE: BA), Intel (NASDAQ: INTC), Nike (NYSE: NKE), and Apple (NASDAQ: AAPL) -- which may come as a surprise, since the broader ...
motleyfoolusx:aaplusx:nkeusx:bausx:intc
Nike (NYSE: NKE) recently announced its fiscal 2024 third-quarter earnings results (for the quarter ending Feb. 29), and the updated Wall Street opinions are starting to roll in. Several analysts covering the stock simply reiterated their forecasts after the footwear giant revealed weak sales trends. ...
motleyfoolusx:nke
Shares of global athletic apparel company Nike (NYSE: NKE) dropped on Friday after the company dropped financial results for its fiscal third quarter of 2024. The company's results fell short of management's previous outlook. And that's why Nike stock was down about 7% as of noon ET. In Q3, Nike's revenues ...
motleyfoolusx:nke
Nike, Inc. (NYSE: NKE) has reported a decrease in earnings for the third quarter of 2024, when the sneaker giant’s revenues remained broadly unchanged. Third-quarter net income was $1.17 billion or $0.77 per share, compared to $1.24 billion or $0.79 per share in the corresponding period of fiscal 2023. ...
alphastreetusx:nke
Image source: The Motley Fool. Nike (NYSE: NKE) Q3 2024 Earnings Call Mar 21, 2024, 5:00 p.m. ET Operator Continue reading
motleyfoolusx:nke
Investors have vastly different expectations for Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU). While they compete in some of the same athletic apparel niches, one is growing sales at a robust pace and is boosting its profit margins at the same time. The other has seen shrinking demand even ...
motleyfoolusx:nkeusx:lulu
When investors think of stocks from the Dow Jones Industrial Average, some might think the index has more than its share of stodgy industrial companies unlikely to produce more than nominal returns and ignore its component parts. But in recent years, Dow parent S&P Global has replaced old-economy companies ...
motleyfoolusx:amznusx:nke
Nike, Inc. (NYSE: NKE) is scheduled to publish third-quarter results next week, amid expectations for a year-over-year decline in profit. The sneaker giant has an impressive track record of innovating its product portfolio, a strategy that helped it navigate through market headwinds. Stock Dips After ...
alphastreetusx:nke
Nike (NYSE: NKE) stock has been under pressure over the past several months. Shares have dropped 15% in the last three months after the company said it expected slower sales near-term growth when it last reported quarterly earnings. But Guggenheim analyst Robert Drbul thinks the stock has been punished ...
motleyfoolusx:nke
