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💬 Money Quote: Nike CEO
The Wall Street Journal35d agoneutral
💬 Money Quote: Nike CEO

📣 "We have to get back to growth in China. We have to be more premium and culturally relevant, and we have to lead with sport." —Nike CEO Elliott Hill, who has been leading a turnaround plan at the company, after its latest earnings report fell flat with investors.

Nike, Adidas Compete for World Cup Dominance
Bloomberg35d agoneutralVIDEO
Nike, Adidas Compete for World Cup Dominance

Bloomberg Opinion's Andrea Felsted assesses the outlook for the sportswear market and how the football World Cup impacts competition between Nike Inc. and Adidas AG. Felsted speaks on Bloomberg Television. Her views are her own.

Tepid outlook weighs on Nike despite tariff refund boost
AFP35d agoneutral
Tepid outlook weighs on Nike despite tariff refund boost

Nike earnings released Tuesday were lifted by a hefty US tariff refund, but weak sales in China and a tepid forecast weighed on shares.But company officials said sales had picked up in June, citing a lift from the World Cup, as well as the pullback in gasoline prices after the US-Iran memorandum of understanding on ending the war.

June Jobs Numbers: What to Watch This Week
The Wall Street Journal36d agoneutral
June Jobs Numbers: What to Watch This Week

Investors will turn to Thursday’s employment data this week as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that a new Trump-appointed Fed chairman would lower rates.

Dow Hits Record as Tech Starts Week Strong
The Wall Street Journal36d agoneutral
Dow Hits Record as Tech Starts Week Strong

The Dow Jones Industrial Average topped 52000 for the first time on Monday, highlighting investors’ increasing demand for stocks at the heart of the American economy. One major contributor was Alphabet which rose 4.8% to lead gains on the Google-parent’s first day as one of the blue-chip index’s 30 components.

Tuesday's market movers: Nike earnings, consumer confidence
Yahoo Finance Video36d agoneutralVIDEO
Tuesday's market movers: Nike earnings, consumer confidence

Asking for a Trend Host Josh Lipton previews the top market-moving events for Tuesday, June 30, including earnings reports from Nike (NKE) and Constellation Brands (STZ), as well as the latest reading on consumer confidence and what it could mean for investors.

Why Nike's Q4 earnings aren’t about numbers
TheStreet36d agoneutral
Why Nike's Q4 earnings aren’t about numbers

Nike might be one of the most recognizable brands in the world, but that is no longer enough for Wall Street. Shoppers have more choices in running shoes, lifestyle sneakers, and performance apparel than they did a few years ago. Adidas, On, Hoka, and New Balance have all become stronger ...

What Will Q2 Earnings Season Show?
Zacks39d agoneutral
What Will Q2 Earnings Season Show?

The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.

What Will Q2 Earnings Season Show?
Zacks39d agoneutral
What Will Q2 Earnings Season Show?

The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.

June Jobs Numbers: What to Watch Next Week
The Wall Street Journal39d agoneutral
June Jobs Numbers: What to Watch Next Week

Investors will turn to Thursday’s employment data as they try to anticipate the Federal Reserve’s path for interest rates. The year started with expectations that the new Trump-appointed Fed chairman would lower rates.