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Nasdaq set to steady as Micron earnings awaited
Proactive42d agoneutral
Nasdaq set to steady as Micron earnings awaited

Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom. Nasdaq and S&P 500 futures were...

Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'
Benzinga42d agoneutral
Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'

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

Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More
24/7 Wall St.43d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More

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,

1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return
24/7 Wall St.48d agoneutral
1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

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 gets World Cup opportunity it can’t afford to waste
TheStreet49d agoneutral
Nike gets World Cup opportunity it can’t afford to waste

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 ...

Lululemon Stock Hits an Eight-Year Low
The Wall Street Journal61d agoneutral
Lululemon Stock Hits an Eight-Year Low

Lululemon Athletica shares fell 8% Friday morning to their lowest level since 2018 after the company reported another quarterly decline in U.S. sales and cut its outlook for the year. Executives said some product launches, including a new line of yoga apparel, have fallen short of the company’s expectations. "The edge that Lululemon once had in releasing collections that were interesting, innovative, and on trend has disappeared," wrote Neil Saunders, managing director of research firm GlobalData.

Lululemon stock sinks on Q1 earnings, trims full-year guidance
Yahoo Finance Video61d agoneutralVIDEO
Lululemon stock sinks on Q1 earnings, trims full-year guidance

Lululemon Athletica (LULU) came out with first quarter results on Thursday, its earnings coming in line with forecasts ($1.69 per share) while edging past Wall Street's revenue expectations ($2.47 billion vs. estimates of $2.44 billion). The stock is dropping in extended hours trading. Yahoo Finance Senior Reporter Brooke DiPalma dives into the earnings release and the athleisure brand's guidance figures.

Nike rival sneaker brand shuts down unexpectedly
TheStreet70d agoneutral
Nike rival sneaker brand shuts down unexpectedly

Nike's success has made it vulnerable to smaller players peeling off niche segments of the sneaker business. Essentially, when you're trying to reach everyone, you miss certain pieces of the market. That's why I, as a 52-year-old man with wide feet and weak ankles, wear New Balance and Skechers. ...

Mark Kelly Says Americans Paid 'Price' For Trump Admin's 'Chaotic' Tariff Policy And Savings Should Go Back To Them As Nike Faces Class Action Suit
Benzinga83d agoneutral
Mark Kelly Says Americans Paid 'Price' For Trump Admin's 'Chaotic' Tariff Policy And Savings Should Go Back To Them As Nike Faces Class Action Suit

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

Nike Sued for Refunds Over Trump’s Illegal Tariff Price Hikes
Sportico83d agoneutral
Nike Sued for Refunds Over Trump’s Illegal Tariff Price Hikes

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 …

a.k.a. Brands Sees Q1 Sales Growth, Raises 2026 Guidance
Exec Edge84d agoneutral
a.k.a. Brands Sees Q1 Sales Growth, Raises 2026 Guidance

By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales rose 3% to $132.5 million compared to $128.7 million the year prior Adjusted EBITDA was $5.1 million, or 3.9% of net sales, compared to $2.7 million, or 2.1% of net sales the previous year, the company stated. a.k.a. Brands updated its […]

Under Armour Tanks 18% After Earnings. Sales Continue to Slide.
Barrons.com85d agoneutral
Under Armour Tanks 18% After Earnings. Sales Continue to Slide.

Shares of Under Armour plummeted Tuesday after the sportswear retailer finished off a third consecutive fiscal year of falling sales and issued weak guidance for 2027. The company reported an adjusted loss of 3 cents a share for the fiscal fourth quarter, a tick below analysts’ consensus call for a loss of 2 cents. Analysts had expected slight revenue growth and adjusted earnings of 23 cents a share.