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A Hold is maintained ahead of Q4 earnings despite a tariff-refund EPS bump

Incoming Nike CFO David Denton seen as a stage in its turnaround progress, while earnings call Tuesday could see interest on one-time tariff refund.

Nike announced a CFO transition and said fourth-quarter results remain on track, excluding a one-time tariff refund benefit.

Nike Inc. CEO Elliott Hill admitted that the company’s restructuring process is not progressing as swiftly as initially planned. Hill attributed the delay to the magnitude of Nike’s challenges, amplified by U.S. tariffs and increasing oil prices that have affected consumer spending. “What I didn’t realize until I got in is the amount of work that needed to be done and the amount of time [it would take] to get us to where we are and, more importantly, where we want to go,” Hill told in an intervi

Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter reallocations and selling for Hedge funds, ETFs, and Mutual Funds this week, and today looks like a starting point. With most corporate buybacks ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike,

Wall Street is treating Nike (NYSE:NKE) like a broken brand, but the dividend tells a different story. After a 29.55% YTD slide to $44.19, the yield has climbed to 3.58%, the richest level in years. With the Fed signaling higher-for-longer rates, I want to know whether this payout is built to last. Dividend Snapshot Metric ... 1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

Nike (NKE) is entering the World Cup with one of the biggest marketing opportunities in sports. The brand has new football boots, new federation shirts, a global campaign, and thousands of revamped store displays tailored around sport’s biggest stage. That should be a great situation for a brand ...

Nike stock is confounded by multiple forms of inflation, including high producer prices.

Renewed attacks against Iran and another hot inflation reading sent stocks tumbling on Wednesday.

June Nasdaq 100 E-Mini futures (NQM26) are down -1.61% this morning as investors continued to trim exposure to the technology sector, with the focus now turning to key U.S. inflation data.

Lulu on Thursday slashed both its full-year revenue and earnings guidance, though it excludes possible tariff refunds.

On a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts

Investing.com -- The U.S. has launched a new trade investigation into Vietnam’s handling of intellectual property rights, potentially paving the way for additional tariffs on Vietnamese imports, Bloomberg reported on Friday.

The class-action complaint claims Amazon prioritized political goodwill over reimbursing shoppers for invalidated IEEPA tariffs.

Consumer complaint adds legal risk after Supreme Court tariff ruling

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said,...

Political pressure is building for consumer rebates after Sen. Mark Kelly (D-Ariz.) on Wednesday accused the administration's tariff policy of raising costs for households while allowing major corporations to retain the financial benefits. In a post on X, Kelly said, "Americans have paid the real price of this administration’s chaotic tariff policy. The savings should go back to them, not big corporations who raised prices and did just fine." Americans have paid the real price of this administra

A man who paid extra for two pairs of Nike Vomero sneakers on account of President Donald Trump’s now-illegal International Emergency Economic Powers Act tariffs is suing Nike for a refund. Through attorneys Jennifer Rust Murray and Toby J. Marshall of Terrell Marshall Law Group, James Dunn filed a complaint in an Oregon federal district …

An analyst firm is stepping back on price, but not on conviction. KeyBanc lowered its price target on On Holding to $43 from $58 while keeping its Overweight rating, framing the move as a recalibration tied to tariff exposure rather than a break in the long-term growth thesis. For investors weighing the premium athletic name, ... KeyBanc Cuts On Holding Price Target to $43: Tariff Concerns Pressure the Growth Story

Wall Street shares were set for a mixed start on Wednesday as investors prepare to wait for news from Donald Trump’s visit to China. Stock futures pointed in different directions ahead of the opening bell, with Dow Jones futures down 114 points or 0.2% at 49,755, while S&P 500 futures...

Shares in On Holding AG jogged higher in New York pre-market trading after the Swiss sportswear brand backed by Swiss tennis legend Roger Federer reported record first-quarter sales and raised its profit margin outlook after making further progress in Asia and in clothing. Net sales rose...

According to the plaintiffs, the company raised prices on some footwear by $5 to $10 and on certain apparel lines by $2 to $10 to offset those costs.

Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.

Nike is the latest brand to come under fire from consumers seeking payback for the tariffs they say they paid in the form of higher prices at retail.

Consumers allege Nike raised prices to offset $1 billion in tariffs but has made no commitment to return the money

By Jonathan Stempel May 8 (Reuters) - Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher

(Bloomberg) -- After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says