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The Latest Breaking News from Nike Inc

NKE Quarterly Report: Time to Add Nike to Your Portfolio?

Even amid hurdles like declining sales and a gloomy outlook, powerhouse athleisure brand Nike (NKE) is forging ahead with cost-cutting strategies. As it prepares to release its third-quarter earnings report, let us assess whether the stock merits a spot in your portfolio.

StockNews.com

S&P Futures Tread Water as Key U.S. Inflation Data Looms, Nike Results Disappoint

March S&P 500 E-Mini futures (ESH24) are trending down -0.07% this morning as investors braced for a flurry of U.S. economic data, with a particular focus on the Federal Reserve’s preferred inflation metric.

Barchart

Nike to axe hundreds of jobs in bid to save $2bn amid sales slump

US sportswear brand announces job cuts and simplification of product ranges in ‘streamlining’ of operations

The Guardian - UK

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Evaluating the Prospects of Nike (NKE) and Foot Locker (FL) as 2023 Approaches Its End

The athletic industry is well-positioned for growth due to increased interest worldwide in sports and fitness activities. Therefore, let’s evaluate the investment prospects of athletic stocks Foot Locker (FL) and NIKE (NKE). Keep reading….

StockNews.com

Nike Honors Marathon Legend Eliud Kipchoge With Track And Statue

World's largest athletic shoes supplier pays tribute to Kipchoge's remarkable career

Zenger

Is Nike (NKE) a Buy or Hold Prior to Earnings?

While Nike’s (NKE) fourth-quarter revenue beat analysts’ estimates, its earnings fell short of expectations. Further, the retailer’s near-term prospects look bearish due to dampening demand amid China’s slow recovery, reduced spending on discretionary items within the U.S., and high inventory levels. Amid this, is NKE a buy or hold before…

StockNews.com

Nike Analysts Provide Insights On Q1 Earnings And Investor Sentiment

Nike Q1 Earnings Preview: Analysts Highlight Prospects Amidst Uncertainties

Zenger

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How Stable Is NIKE (NKE) Stock?

NIKE (NKE) is facing subdued demand from China. However, with a stable dividend history, should investors consider the stock before its earnings release this month? Let’s look at its financial metrics to get an idea….

StockNews.com

Is NIKE (NKE) a Buy or Hold for September?

Sportswear giant NIKE (NKE) exhibits resilience with its consistent dividend growths. However, considering its recent earnings miss, should investors consider buying the stock in September? Let’s look at its financial metrics to gauge its prospects….

StockNews.com

Is Nike (NKE) a Quality Stock?

NIKE (NKE) faces margin pressures as consumers pull back on spending amid recession concerns. The company saw a significant decline in its bottom line in the last reported quarter. So, will it be worth investing in this sportswear giant now? Keep reading.

StockNews.com

Nike Beats Revenue And Earnings Estimates In Q3, Bullish Chart Pattern Emerges

Analysts project potential rise towards $120 as Nike forms a bullish flag pattern above 200-day SMA.

Zenger

Buy, Sell or Hold? Nike (NKE) and Foot Locker (FL)

Sticky inflation, the Fed’s aggressive rate hikes, and the US banking sector turmoil is paving the way for a recession this year. Thus, I think this is not the right time to consider investing in Foot Locker (FL) and NIKE (NKE). Read on.

StockNews.com

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

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Benzinga

'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

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.

Reuters

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.

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Benzinga

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

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…

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