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NIKE, Inc. NKE is relying on product innovation and a stronger focus on sport to rebuild momentum after a challenging period for its Sportswear business. In fiscal 2026, NIKE Brand footwear revenues were essentially flat at $29.5 billion on a reported basis and declined 2% on a currency-neutral basis. The weakness was more pronounced in Greater China, where …
Chronological news
External headlines link to their original source. Market context comes from stored weekly company data, not from an opinion about the article.
NIKE has seen its share price slide hard in recent years, which raises a simple question for you as an investor. Is the current US$35.75 price still in line with the cash flows the business can generate over time, or has sentiment moved further …
On September 18, 2026, Reuters reported that French soccer star Kylian Mbappe ended a two-decade partnership with NIKE, Inc. (NYSE:NKE) to sign with Swiss sportswear brand On in a deal. It includes both cash and equity that gives On Holding AG (NYSE:ONON) its first …
NIKE Inc.'s (NYSE:NKE) turnaround strategy will remain in focus as the company approaches its Q1 FY27 results, scheduled to be announced on October 1. Although the management is leaning on execution of the strategy, path to recovery appears uneven and slow. In our recent …
This article first appeared on GuruFocus. Nike (NKE) is facing a tougher road back to growth, according to Bank of America, which downgraded the stock to Underperform from Neutral and cut its price target sharply to $30 from $47. Analyst Lorraine Hutchinson said Nike's …
Micron is set to report on Wednesday. Other notable names on next week's earnings calendar are Nike, Jabil, Carnival and CarMax. Continue Reading
This article first appeared on GuruFocus. Nike (NYSE:NKE) fell 2.03% in premarket after BofA Securities downgraded the stock to Underperform from Neutral and cut its price target to $30 from $47, citing downside risk to both earnings estimates and valuation. The firm said Nike's …
Nike's (NKE) sales turnaround will take longer than expected to materialize amid weakness in classic PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have …
This article first appeared on GuruFocus. Nike (NYSE:NKE) shares dropped about 1% in premarket trading Friday after Bank of America cut its rating and price target, citing a recovery that may take longer as weak demand in key parts of the business weighs on …
Akamai Technologies rises sharply after securing a deal with Anthropic. Nike declines following a downgrade of the stock. Continue Reading
Investing.com -- Nike shares dipped more than 2% in premarket trading Friday after the bank downgraded the stock to Underperform from Neutral and lowered its price objective to $30 from $47, saying the company's sales recovery is now likely to be pushed into fiscal …
Investing.com -- In a note on Thursday, Needham reiterated its Hold rating on Nike (NYSE: NKE) and cut its earnings estimates ahead of the company's fiscal first-quarter results on Oct. 1 after the close, warning that the stock could keep falling. Still guessing which …
The market expects Nike (NKE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended August 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence …
In September 2026, Interparfums, Inc. announced an exclusive worldwide fragrance license with PUMA through 2037 and secured a 20-year extension of its Roberto Cavalli and Just Cavalli fragrance licenses through 2046, while also adding two independent directors with deep luxury and brand-building experience. These …
Nike (NKE) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this athletic apparel maker …
NIKE, Inc. (NYSE:NKE) heads into its October 1 fiscal 2027 first-quarter report with Wall Street focused less on whether revenue can beat a modest guide and more on whether improving margins and performance categories can offset weak demand in the lifestyle business. The latest …
In the global athletic footwear and apparel market, few rivalries are as entrenched as the battle between NIKE, Inc. NKE and adidas AG ADDYY. Both operate at the intersection of performance sports, lifestyle fashion and consumer culture, competing through footwear, apparel and accessories across …
Sharemaestro market context Price below Trend Line 52 weeks -47.9% · Next-week setup negative 44.5%Quick Read On Holding surged 8% after unveiling a CHF 5.6B sales target and its first-ever $1B buyback program, both tied to a 2029 horizon. Nike's 1% gain versus ONON's 8% surge confirms this is a name-specific rerating, not a broad athletic sector rally. …
Puma has restructured its European leadership, appointing Fokko de Rooij as managing director (MD) Europe from 1 October 2026 and Daniel Pustina as cluster central MD. De Rooij will report to Puma chief executive Arthur Hoeld, who has temporarily taken on chief commercial officer …
Nike (NYSE: NKE) and PepsiCo (NASDAQ: PEP) are two giants of the consumer goods sector. That status hasn't kept either company from putting up relatively disappointing performances as of late. Despite strong gains in the broader market over the last five years, Nike and …
NIKE, Inc. (NYSE:NKE)'s falling share price is putting its place in the Dow Jones Industrial Average at risk. Reuters reported that Nike's stock was around $36, giving it just a 0.4% weighting in the price-weighted Dow, the smallest among its 30 components. Nike has …
Nike, Inc. (NYSE:NKE) announced on September 16 that Alexandre Arnault, deputy chief executive of LVMH's Moët Hennessy division and son of LVMH chairman and chief executive Bernard Arnault, has joined its board. The shares closed up nearly 2% the next day, a rare up …
Investors have had a rough ride with Nike (NYSE: NKE), On Holding (NYSE: ONON), and Deckers Outdoor (NYSE: DECK) this year, with each stock down between about 25% and 43%. The Federal Reserve just lifted its benchmark rate at the September meeting and signaled …
NIKE Inc. NKE is reshaping its marketplace strategy to create a healthier balance between broad consumer reach and stronger full-price profitability. The company is rebuilding wholesale relationships while simultaneously upgrading its direct-to-consumer presence, with a sharper focus on premium brand presentation across digital and …
Stifel analysts have cut their estimates on apparel giant Nike's (NKE) fiscal first quarter earnings, which are due out on October 1. Yahoo Finance Executive Editor Brian Sozzi gives a break down of the areas where Nike may be coming up short in. Video …
The L's keep piling up on the field for Nike (NKE) investors. Stifel analyst Peter McGoldrick slashed his earnings-per-share estimates on Nike today by a whopping $0.20 for fiscal years 2027 and 2028. He cited near-term risk from increased promotional activity on Nike products …
[New on Old] roundhill/iStock via Getty Images Converse is reviewing its internal approval procedures after an advertisement drew widespread criticism for imagery that some viewers associated with the Ku Klux Klan and lynching, Bloomberg News reported Sunday. Chief Executive Aaron Cain told employees that …
Adidas (XTRA:ADS) faces fresh competition as Swiss brand On signs Kylian Mbappé to front its new soccer push. On announced the long term partnership with Mbappé in 2024 as it begins building a presence in global football. The move puts On alongside established soccer …
Nike (NKE) just made a high profile boardroom move. The athletic giant expanded its board to twelve directors and added Alexandre Arnault from LVMH, even as it works through a difficult business reset. NIKE's boardroom refresh comes at a challenging time, with the share …
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Investment firm Pershing Square Inc. founder Bill Ackman said Wednesday that Nike Inc.'s decision to add Deputy CEO of LVMH's Moët Hennessy division Alexandre Arnault to its …
The latest HR moves made by leading textile and apparel companies. Retail Target Target has named Mark Weinstein chief marketing and guest experience officer, bringing the former Hilton global marketing chief into an expanded role spanning brand, customer experience, retail media and the retailer's …
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