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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...
<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>
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 is prioritizing margin recovery, tighter inventory and sport-led execution as uneven demand keeps pressure on Sportswear and sales.
7.44am: ABF warns on sugar losses Associated British Foods has warned that weaker sugar trading will hit profits this year, while Primark saw mixed sales in the third quarter. The FTSE 100 group's CEO George Weston says: "Aside from Sugar, our full year outlook for the group is...
Nike Inc (NKE) reports mixed results with revenue declines but shows promise through strategic investments and innovation in key markets.
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 […]
Nike retail traders remained overwhelmingly bullish on the company's turnaround prospects.
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.
Here's the latest from Nike Inc. CEO Elliott Hill on the firm's Q4 earnings call.
While the top- and bottom-line numbers for Nike (NKE) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Nike shares fell roughly 9% in after-hours trading after the sneakers and apparel company said weakness in China contributed to a challenging operating environment. Revenue dropped 1% in the latest quarter to $10.
Nike reported Q4 revenue of $11 billion, beating expectations of $10.85 billion.
Nike (NKE) delivered earnings and revenue surprises of +82.48% and +1.13%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's ea
A pandemic winner, Nike couldn’t hold on to its gains and now trade at just a fraction of its 2021 highs.
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 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.
The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment.
Net sales in the quarter tallied $10.97 billion, down 1 percent from the same time last year.
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.
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.
NKE's international markets are driving growth, but overseas strength offsets sluggishness in North America and supports a broader recovery.
Analysts see first half growth for Adidas from strong brand heat and healthy product pipeline amid World Cup fever, but second half growth could slow.
FIGS' stronger revenue outlook and customer growth support the bull case, but its big rally, richer valuation and cost pressure complicate the buy call.
Yahoo Finance Executive Editor Brian Sozzi is joined by Tech Editor Dan Howley and Portfolio Wealth Advisors President & CIO Lee Munson to break down today's Stock of the Day: Nike (NKE) ahead of its earnings report. Nike shares are trading near an 11-year low and are down more than 30% year to date in 2026, as investors look for signs the company can turn its business around.d
US stocks have been predicted to extend their recovery on Tuesday, as investors approach the final session of a second quarter that has delivered a strong rebound for many risk assets. Futures pointed to a slightly firmer open, with S&P 500 futures up 0.1%, Nasdaq futures up 0.35% and Dow...
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