Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from Nike Inc

Kevin Durant Signs Lifetime Deal With Nike Joining Michael Jordan And LeBron James

Kevin Durant's lifetime contract with Nike Inc. makes him part of an exclusive club that is a rare deal for athletes to gain.

Zenger

Nike Slumps on Margin Warning; Analysts Fear More Pain across Sector

Shares of Nike Inc hit 2-1/2 year lows on Friday and rattled those of other athletic gear makers, after the company's warning of a margin squeeze from widespread markdowns sparked worries of sector-wide contagion of ballooning inventory. The world's largest sportswear maker on Thursday became the latest in a line…

Asharq Al-Awsat

'Just Don't Do It': Analysts Slash Nike Price Targets Citing Inventory, China Concerns

Footwear and apparel company Nike Inc. (NYSE: NKE) beat Street estimates for revenue and earnings per share in the first quarter, but saw shares fall sharply Thursday after market close. Investors and analysts now have some major concerns after the latest report.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Nike Q1 Earnings Highlights: Revenue And EPS Beat, Investors Pull Back On Inventory, China Concerns

Apparel and footwear company Nike Inc (NYSE: NKE) reported first-quarter financial results after market close Thursday. Here are the key highlights for Nike investors.

Benzinga

Charting Nike's Pullback: 'It Has To Hold $100'

Tuesdays are often the busiest day for Wall Street analysts to reveal their rating changes, and today was no exception. Unfortunately for shareholders of Nike Inc (NYSE: NKE), it was a downgrade from Barclays.

Benzinga

Ukraine's Zelenskiy thanks Nike for leaving Russia market

Ukrainian President Volodymyr Zelenskiy said on Friday he had spoken to Nike Inc and thanked the U.S. sportswear maker for making what he called the "right decision" to pull out of Russia.

Reuters

Here's How Much Nike Has Made From NFTs

Apparel and footwear giant Nike Inc (NYSE: NKE) is one of the largest public companies to make its presence known in the non-fungible token space. Here’s a look at how Nike is involved and how much money it made.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

RTFKT, Owned By Nike, Permits Commercial Rights To NFTs For CloneX Holders

Nike Inc.'s (NYSE: NKE) RTFKT has granted new utilities to CloneX’s holders, including commercial rights to the non-fungible tokens (NFTs). The Nike-owned web3 brand looks to permit NFT holders to create fan art, make avatar-based merchandise and launch derivative projects.

Benzinga

PreMarket Prep Stock Of The Day: Why The Nike Stock Chart Could Signal A Fall To The Double Digits

Over the years, Nike Inc (NYSE: NKE) has been an extremely volatile stock for some reason, even when it traded in double-digits and before the decimation of the market.

Benzinga

Nike's Fourth Quarter 'Not As Bad As Feared': Why 3 Analysts Are Lowering Price Targets

Apparel and footwear company Nike Inc. (NYSE: NKE) reported fourth quarter earnings Monday after market close.

Benzinga

Why Nike Shares Are Sliding

Nike Inc (NYSE: NKE) shares are trading lower Tuesday after the company reported earnings. Several analysts also lowered price targets on the stock following the company's quarterly results.

Benzinga

Nike Q4 Earnings Highlights: Sales And EPS Beat, Nike Direct Sales Up 7%, New Share Buyback And More

Apparel and footwear company Nike Inc (NYSE: NKE) reported fourth-quarter and full fiscal year earnings Monday after the market close. Here are the key highlights for investors.

Benzinga

Telsey Advisory Cuts Nike Price Target - Read Why

Telsey Advisory Group analyst Cristina Fernández has lowered the price target on Nike Inc (NYSE:NKE) to $140 (32% upside) from $170 and kept Outperform rating on the shares. The analyst cited near-term risks, including the impact of strict COVID lockdowns in China, demand decline in wholesale channel, given lowered expectations for 2H22 by key partners…

Benzinga

This Stock Has Fallen 35% YTD And Is Now 'The Definition Of Quality On Sale'

Hightower Advisors' Stephanie Link bought Nike Inc (NYSE: NKE) shares ahead of earnings next week and is prepared to buy more if it sells off further.

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Why Nike Shares Are Nosediving Today

Nike Inc (NYSE: NKE) shares are trading lower by 6.44% to $106.14 Thursday afternoon in sympathy with the overall market.

Benzinga

Why Nike, Target And Etsy Shares Are All Falling Today

Nike Inc (NYSE: NKE), Target Corporation (NYSE: TGT) and Etsy Inc (NASDAQ: ETSY) shares are all trading lower Friday as shares of retail

Benzinga

Microsoft Goes Aggressive In Its Protest Against Russia's Ukraine Invasion - Read How

In an email accessed by Bloomberg, Microsoft Corp (NASDAQ:MSFT) disclosed materially scaling down its operations in Russia following the Russian invasion of Ukraine. Microsoft joined the likes of International Business Machines Corp (NYSE:IBM) and Apple Inc (NASDAQ:AAPL), cutting back or exiting the country after the invasion. The scaling down will affect over 400 employees. “As a result…

Benzinga

Here's Why Stifel Slashed Price Target On Nike

Stifel analyst Jim Duffy lowered the price target on Nike Inc (NYSE:NKE) to $150 from $160, implying a 23.99% upside. Duffy kept a Buy rating on the shares. The analyst slashed the price target, considering the business restrictions in China due to the rise in COVID-19 cases and the strengthened U.S. dollar position. He said…

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Nike Yet To Renew Franchise Agreements In Russia: Report

Nike Inc (NYSE:NKE) has not renewed agreements with its largest franchisee in Russia, Reuters reported, quoting Vedomosti daily newspaper. The U.S. sportswear maker suspended its Russia operations temporarily in March due to Russia's invasion of Ukraine. The head of Inventive Retail Group (IRG), which operates Nike-branded stores in Russia, reportedly said Nike…

StockNews.com

4 Retail Stocks to Avoid as Consumers Spend Less on Discretionary Items

Although retail sales surged in April, the inflationary pressures might dampen consumer demand. Consumer spending has been shifting away from discretionary retail toward staples in the face of the soaring inflation. Hence, we think discretionary retail stocks NIKE (NKE), Starbucks (SBUX), Five Below (FIVE), and Williams-Sonoma (WSM) might be avoided…

StockNews.com

Should You Add Shares of Nike to Your Investment Portfolio?

Nike’s (NKE) recent acquisition of RTFKT should help accelerate its digital transformation. It is already more profitable than its peers and analysts expect its revenue and EPS to increase. However, given its stretched valuation and mixed financials, is it worth adding the stock to one’s portfolio now? Read on to…

Benzinga

Why Nike Shares Are Getting Hammered Today

Shares of several companies in the retail, including Nike Inc (NYSE: NKE), are trading lower following weak retail earnings this week from Walmart and Target. Anticipation of further Federal Reserve policy tightening has continued to weigh on stocks across sectors.

Benzinga

Nike Terminates Sponsorship Deal With Spartak Moscow: Reuters

Nike Inc (NYSE:NKE) has ended its sponsorship deal with Russian Premier League club Spartak Moscow, Reuters reported. The move comes after UEFA, the governing body of European soccer, decided Russia will not have its team's club competitions in the 2022-23 season due to the invasion of Ukraine. Spartak has been sponsored by…

Benzinga

What's Going On With Nike Shares?

Shares of several companies in the retail & apparel space, including Nike Inc (NYSE: NKE), are trading lower as stocks continue to fall amid concerns over the potential economic impacts of Fed rate hikes and the Russia-Ukraine conflict. Traders also weigh recent earnings reports.

Benzinga

'Welcome To 2052': Here Comes Nike's Metaverse NFT Wearables

Nike Inc (NYSE: NKE), along with the RTFKT, recently announced the launch of its first Ethereum (CRYPTO: ETH) NFT sneakers, called CryptoKicks.

1 2 3

People

Dipanjan BanchurSince

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

EPL

67,573 stories

UEFA Champions League

the Golden State Warriors

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.