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 ...
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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