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💬 Money Quote: Nike CEO
The Wall Street Journal45d 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
Bloomberg45d 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
AFP46d 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.com46d 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 beats Q4 earnings estimates while revenue lags
Yahoo Finance Video46d 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.

June Jobs Numbers: What to Watch This Week
The Wall Street Journal46d 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 Journal47d 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 Video47d 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
TheStreet47d 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 ...

Wall Street Is Terrified of Nike’s Tuesday Earnings and a Sudden CFO Shakeup—Why This Is the Ultimate Aggressive Buy on Repeat
24/7 Wall St.47d agobullish
Wall Street Is Terrified of Nike’s Tuesday Earnings and a Sudden CFO Shakeup—Why This Is the Ultimate Aggressive Buy on Repeat

I keep hitting the buy button on Nike, and Tuesday’s earnings report has not slowed me down. It has done the opposite. Every panic headline about CFO Matthew Friend stepping down, every Reddit thread warning of soft numbers, every fresh leg lower in the share price has me adding again. This is a confession of ... Wall Street Is Terrified of Nike’s Tuesday Earnings and a Sudden CFO Shakeup—Why This Is the Ultimate Aggressive Buy on Repeat