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Nike warns turnaround will take longer as China weakness clouds outlook (NKE)
InvestorsHub35d agoneutral
Nike warns turnaround will take longer as China weakness clouds outlook (NKE)

Revenue beat fails to offset cautious outlookNike (NYSE:NKE) acknowledged that its turnaround remains a work in progress after ongoing weakness in China and a subdued outlook overshadowed a modest fourth-quarter revenue beat. The sportswear group reported a 1% decline in quarterly revenue, while sales in Greater China fell by double digits, leaving investors unconvinced that Chief Executive Elliott Hill’s strategy is yet delivering a sustained recovery.

Nike turnaround tested but 'this is the bottom', says analyst
Proactive35d agoneutral
Nike turnaround tested but 'this is the bottom', says analyst

Nike Inc (NYSE:NKE) shares fell in after-hours trading as the latest results showed the sportswear giant is still struggling to turn better products into stronger sales. Fourth-quarter revenue fell 1% to $11 billion, or 4% on a currency-neutral basis, with weakness in Greater China and Europe...

Stocks to Watch: Nike, Alcoa, Galderma
The Wall Street Journal35d agoneutral
Stocks to Watch: Nike, Alcoa, Galderma

↘️Nike (NKE): Shares in the sneaker maker fell more than 3% premarket after it said it continued to face sales weakness in China. 🔎Alcoa (AA), South32 (AU:S32): Aluminum producer Alcoa agreed to buy the bauxite, alumina and aluminum assets of Australian miner South32 in a deal valued at up to $5.

JD Sports falls on read-across from Nike warning
Proactive35d agobearish
JD Sports falls on read-across from Nike warning

JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) shares fell on Wednesday after results from major partner Nike Inc (NYSE:NKE) pointed to weaker sales ahead and continued pressure on consumer demand. The sports fashion retailer was down 2.3% at 82.78p, as investors read across from Nike’s...

Nike’s turnaround effort faces fresh doubts as China sales slide
Reuters Videos35d agoneutralVIDEO
Nike’s turnaround effort faces fresh doubts as China sales slide

<body><p>STORY: Nike signaled on Tuesday that CEO Elliott Hill's turnaround strategy still faces significant obstacles, amid persistent weakness in China.</p><p>Despite beating expectations, its fourth-quarter results included a 1% decline in revenue and a 17% drop in sales in China.</p><p>The region continues to struggle with weak product assortments and market-share losses to domestic rivals such as Anta and Li Ning.</p><p>Nike also projected further revenue declines through the first half of fiscal 2027, as it continues to grapple with elevated inventory levels that have hindered its recovery.</p><p>Executives also warned that consumer demand remains under pressure globally, particularly in the sportswear segment.</p><p>Shares in the sportswear giant fell roughly 4% in extended trading on Tuesday before recouping some of the losses.</p><p>The company's stock has fallen 35% so far this year.</p><p>:: Nike</p><p>On a post-earnings call, Hill expressed dismay at the turnaround timeline for the second consecutive quarter, saying, “we know we’re not living up to our full potential.”</p><p>Despite the challenges, Nike pointed to early signs of progress, including improved demand for its football products and a 3% revenue rise in North America, its largest market.</p></body>

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.

NIKE (NKE) Price Target Lowered at BTIG. Here is Why
Insider Monkey35d agoneutral
NIKE (NKE) Price Target Lowered at BTIG. Here is Why

With an annual dividend yield of 4.02%, NIKE, Inc. (NYSE:NKE) is included among the 12 Best NYSE Stocks to Buy for Dividends. NIKE, Inc. (NYSE:NKE) is engaged in the designing, marketing, and distribution of athletic footwear, apparel, equipment, and accessories and services for sports and fitness activities. On June 25, BTIG lowered its price estimate on […]

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.

Investing.com36d agobullish
Nike beats quarterly estimates as tariff recovery lifts profit

Investing.com -- Nike beat Wall Street estimates for fourth-quarter revenue and adjusted profit on Tuesday, helped by growth in its wholesale business and a one-time tariff-related benefit, even as its direct-to-consumer business remained under pressure.

Nike turnaround is taking longer than CEO Elliott Hill expected: Analyst
Yahoo Finance Video36d agoneutralVIDEO
Nike turnaround is taking longer than CEO Elliott Hill expected: Analyst

Nike stock (NKE) is moving lower in Tuesday's extended-hours trading after reporting mixed results for the sportswear brand's fiscal fourth quarter: while earnings topped estimates, revenue declined 1.1% year-over-year. Morningstar senior equity analyst David Swartz discusses what he was expecting from the earnings release and how Nike's performance is lining up with CEO Elliott Hill's turnaround strategy.

Nike beats Q4 earnings estimates while revenue lags
Yahoo Finance Video36d agobullishVIDEO
Nike beats Q4 earnings estimates while revenue lags

Sportswear titan Nike (NKE) is out with its fiscal fourth quarter results in Tuesday's after-hours trading, reporting earnings of $0.72 per share (vs. estimates of $0.14) and $10.97 billion in revenue (vs. estimates of $11.1 billion). Market Domination Overtime Host Josh Lipton dives into Nike's latest earnings release.

Nike (NYSE:NKE) Surprises With Q2 CY2026 Sales
StockStory36d agoneutral
Nike (NYSE:NKE) Surprises With Q2 CY2026 Sales

Athletic apparel brand Nike (NYSE:NKE) reported Q2 CY2026 results topping the market’s revenue expectations, but sales fell by 1.1% year on year to $10.97 billion. Its GAAP profit of $0.72 per share was significantly above analysts’ consensus estimates.