GuruFocus.com16m agobearish
Nike Stock Falls 3.6% After JPMorgan Warns of $1 Billion HitJPMorgan expects Nike's China distribution reset and U.S. store closures to pressure earnings through fiscal 2028.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
531last 24h
2514last 7d
484● bullish (7d)
257● bearish (7d)
197publishers
Yahoo Finance1h agobearish
Nike stock is underperforming on a historic scale: AlphaSpace stat to knowA rough run continues for Nike.
Sourcing Journal23h agobearish
Lululemon Faces Lawsuit For Fake Reference PricesThe lawsuit was filed in California, which has a law that bans deceptive reference prices.
Barrons.com1d agobearish
Why Nike’s ‘Win Now’ Strategy Just Won the Stock a Downgrade to SellNike stock is downgraded to Underweight with J.P. Morgan estimating the company could face a $1 billion headwind in China.
Investing.com1d agobearish
JPMorgan cuts Nike to Underweight, sees EPS well below consensusInvesting.com -- JPMorgan downgraded Nike to Underweight from Neutral in a note Tuesday, warning investors that the financial impact of the company's turnaround decisions will linger far longer than the Street expects, pressuring earnings through fiscal 2028.
Proactive2d agobearish
JD Sports downgraded due to pressure on consumers and lack of 'brand heat'JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) has been downgraded by RBC Capital Markets as it views sportswear markets as "highly promotional", with lower-income consumers under pressure from the elevated cost of living. Cutting the rating to 'sector perform' from 'outperform', with a 100p...
Reuters Videos5d agobearishVIDEO
Why Adidas shares slumped following World Cup bump<body><p>STORY: :: Was sponsoring the World Cup worth it?</p><p>:: Peter Devlin, Business reporter</p><p>"Was sponsoring the World Cup worth it?</p><p>If you ask Adidas - maybe not. Shares in the sportswear giant just suffered their biggest drop on record.</p><p>Its huge World Cup marketing bet delivered blockbuster sales - but profits couldn’t keep up.</p><p>Adidas went all in on football’s biggest stage - launching merchandise months before rivals Nike and Puma.</p><p>Then backed it all with a star-studded campaign featuring Timothée Chalamet, Lionel Messi and Bad Bunny.</p><p>And the campaign worked. Adidas sold four times more jerseys and twice as many footballs as the previous tournament, generating around €1.5 billion in World Cup-related sales.</p><p>But attention doesn’t come cheap. Adidas spent an extra €212 million on marketing. So was it worth it?</p><p>Adidas is racing to find its next hit as demand for its Samba and Gazelle sneakers cools.</p><p>But while trends fade, owning the world’s biggest sporting stage is something no rival can take away.</p><p>And in the battle for attention, that might just be the winning goal."</p></body>
Financial Times6d agobearish
Adidas shares tumble after profits hit by World Cup marketing spendAdidas shares tumbled on Thursday after the sportswear giant missed quarterly profit expectations following higher marketing spending around...
MT Newswires6d agobearish
VF Shares Tumble After Reporting Wider-Than-Expected Fiscal First-Quarter LossVF (VFC) shares fell sharply Wednesday after the apparel and footwear company reported a wider-than-
Benzinga7d agobearish
Ford Wants to Turn Car Customization Into the Next Big Thing—Exec Says Think ‘Nike Dropping a Sneaker’Ford is expanding its customization and aftermarket business to capture more of the $53 billion U.S. aftermarket, adding accessories, performance parts and exclusive limited-edition vehicle “drops.” Ford Custom Garage debuted its first limited-edition “vehicle drop” on Monday, unveiling a desert...
The Wall Street Journal13d agobearish
Analysts Fret About Nike's 'Strategic Misstep'Analysts who follow Nike are expressing skepticism about its move to consolidate online sales in China. The company said Wednesday that it will cut off most of the third-party e-commerce vendors who sell its products, consolidating sales into about a dozen of the country’s top e-commerce platforms and Nike’s own Chinese-language website and app. “The decision to terminate this very important channel is a strategic misstep in our view,” said Laurent Vasilescu, an analyst at BNP Paribas.
GuruFocus.com14d agobearish
Nike Cuts Thousands of China SellersSportswear giant moves to regain control of its digital brand
GuruFocus.com14d agobearish
Nike Cuts Online Sellers in ChinaThe company is simplifying its digital network as it tries to revive growth in a key market.
GuruFocus.com14d agobearish
Nike Cuts Over 1,000 Online Storefronts in China OverhaulSales will run through Nike's own channels plus Tmall, JD.com and Douyin from January
Simply Wall St.14d agobearish
The Bull Case For NIKE (NKE) Could Change Following Missed World Cup Moment And Brand Relevance QuestionsIn recent months, Nike completed its share repurchase program announced in June 2022, buying back 124,360,522 shares for US$12,124.68 million, while also facing weak consumer demand, discounting in key Sportswear and Jordan lines, and criticism from LeBron James about losing cultural relevance. The company also missed out on World Cup final exposure as Adidas-sponsored teams dominated the spotlight, limiting Nike’s tournament-related brand visibility and merchandise potential just as it is...
GuruFocus.com14d agobearish
Nike Misses World Cup Final as Adidas Gains Merchandise OpportunitySpain and Argentina's Adidas-clad final may shift tournament merchandise demand away from Nike.
The Wall Street Journal19d agobearish
Nasdaq Falls Sharply as Chip-Stock Slump Overshadows TSMC RecordTaiwan Semiconductor Manufacturing posted its fifth straight quarter of record earnings earlier today, but that wasn’t enough to cheer investors. The Nasdaq slipped 1.5%, with Sandisk Western Digital and Marvell among the biggest losers. The PHLX Semiconductor index was off 4.3%.
Investor's Business Daily30d agobearish
Stock Market Today: Dow Falls, Tech Futures Rally; Memory Names Micron, Sandisk Bounce Higher (Live Coverage)Stock Market Today: The Dow Jones index fell Monday, while tech futures rallied. Micron stock and Sandisk rebounded in premarket trading.
Retail Insight Network33d agobearish
7-Eleven files trademark lawsuit against NikeThe complaint focuses on Nike’s “Air Max 95 Big Bubble” trainer in a “sport green and safety orange” colourway.
Simply Wall St.33d agobearish
Nike (NKE) Faces 7 Eleven Trademark Lawsuit Over Air Max 95 Design7-Eleven has filed a trademark lawsuit against NIKE over the design of an upcoming Air Max 95 sneaker. The dispute centers on alleged use of 7-Eleven's branding elements in the shoe's color scheme and design. The case introduces legal risk around a product launch that targets collectors and sneaker-focused consumers. NIKE, traded as NYSE:NKE, is dealing with this legal challenge at a time when the stock has fallen 30.3% year to date and 40.7% over the past year, with the current share price...
GuruFocus.com34d agobearish
Nike Cuts Global Employee Bonuses to 74% of TargetRegional payouts vary as North America outperforms while Greater China remains a challenging market.
TheStreet34d agobearish
Nike closes stores, studios, and its flagship locationFor the past few years, Nike has struggled to figure out its business model. First, the retailer pulled away from some of its distribution partners to build more of its business around building a direct relationship with consumers. That model included building out its own fleet of stores and ...
GuruFocus.com34d agobearish
Nike Stock Falls After Warning of Another Quarter of Revenue DeclinesNike Stock Slides as Soft Q1 Outlook Steals the Spotlight
GuruFocus.com34d agobearish
Nike Falls as Weak Outlook Offsets Earnings BeatChina sales remain a key concern as the company works through its turnaround plan.
MT Newswires34d agobearish
Nike Results, Downgraded Sales Forecast Indicate 'Choppy' Recovery, BofA SaysNike's (NKE) latest quarterly results and sales guidance indicate a "choppy" turnaround for the spor
Investing.com35d agobearish
Shutterstock tumbles premarket; Intuitive Machines, Grindr rallyInvesting.com - U.S. stock futures pointed lower on Wednesday as investors awaited fresh remarks from Federal Reserve Chair Kevin Warsh and monitored uncertain peace talks between the United States and Iran.
Retail Insight Network35d agobearish
Nike swings to Q4 profit on tariff refund boost, but China slump deepensNet income increased by just over four times, or 407%, to $1.06bn in the quarter.
Proactive35d agobearish
JD Sports falls on read-across from Nike warningJD 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...
Proactive35d agobearish
FTSE 100 Live: London blue-chips called lower as rate expectations shift7.44am: 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...