News
NKE
94.84
+1.55%
1.45
Still-In-The-Woods Adidas Provides Glimpse Of Recovery With A Lifted Guidance
Adidas AG raised its 2024 profit outlook after a better than expected first quarter. The German sportswear giant now expects full-year operating profit of about $744 million. Adidas posted its first annual loss in more than three decades in March and warned sales in North America will fall again. The company has been battling to restore its vitality after splitting from Kanye West.
Benzinga · 16h ago
Adidas Stock Is Rising. Strong Earnings Show Company Has 'Turned the Corner.'
Adidas said fiscal first-quarter revenue rose 4% to EUR5.5 billion. The athletic apparel maker raised its full-year guidance for the year. Adidas stock was up 8.1% in after-hours trading. The company's gross margin rose 6.2% in the first quarter.
Barron‘s · 19h ago
BUZZ-US sportswear companies rise buoyed by Adidas' strong results, forecasts
Shares of major U.S. Sportswear makers and retailers up in early trading after Adidas reports better-than-expected quarterly results. Adidas reported strong demand for retro styles and raised its 2024 guidance. Nike, Under Armour, Foot Locker and Dick's Sporting Goods also up.
Reuters · 19h ago
Telsey Advisory Reaffirms Their Buy Rating on Nike (NKE)
TipRanks · 20h ago
NIKE SHARES UP 1% PREMARKET AFTER ADIDAS RAISES 2024 PROFIT FORECAST
Reuters · 22h ago
ClearBridge Sustainability Leaders Strategy Q1 2024 Portfolio Manager Commentary
U.S. Equities continued their upward march in the first quarter as the momentum rally showed few signs of flagging. ClearBridge was active in seizing opportunities as a concentrated market left pockets where excellent assets were undervalued. The Strategy delivered strong absolute performance driven by industrials and consumer discretionary holdings.
Seeking Alpha · 22h ago
Adidas Beat Nike in 1Q, Warburg Says -- Market Talk
Adidas raised its guidance for the full year after first-quarter sales grew 8% excluding currency movements. Analyst says sales at the German sneaker maker grew faster than at rival Nike. The company outgrowing Nike by about eight percentage points, Warburg Research says. Adidas shares jump 8.15%.
Dow Jones · 23h ago
Lululemon's Stock Down 34% YTD, What's Happening?
NASDAQ · 1d ago
Earnings Season Heats Up, Spotting 2 Unusual Reporting Dates In The Consumer Space
Seeking Alpha · 1d ago
Plan For A Secure Retirement With A $100,000 Aggressive, 15-Stock Dividend Growth Portfolio
Plan For A Secure Retirement With A $100,000 Aggressive, 15-Stock Dividend Growth Portfolio. Inadequate pension savings and ever-increasing longevity is threatening investors' well-being in retirement. Planning for retirement is a life-long process, the earlier an individual starts, the better. Investing as little as $100k in your 30s with an aggressive dividend growth strategy has the potential to grow into a significant portfolio by retirement. Instead of chasing high-yield stocks, consider a low yield, but double-digit EPS growth portfolio.
Seeking Alpha · 1d ago
Brian's Big Idea On Shoes
NASDAQ · 1d ago
How Is The Market Feeling About Nike?
Nike's short percent of float has risen 4.55% since its last report. The company has 17.92 million shares sold short, which is 1.84% of all regular shares available for trading. Short interest is the number of shares that have been sold short but have not yet been covered.
Benzinga · 1d ago
Bernstein Reaffirms Their Buy Rating on Nike (NKE)
TipRanks · 2d ago
German Stocks: Adidas (ADS) Shares Gain on Double Upgrade from Morgan Stanley
TipRanks · 2d ago
Nike (NYSE:NKE) Gains With New Products, Olympic Fervor
TipRanks · 2d ago
Monday Sector Leaders: Healthcare, Consumer Products
NASDAQ · 2d ago
Nike momentum picks up ahead of high-profile product launches
Seeking Alpha · 2d ago
Consumer Sector Update for 04/15/2024: BALY, NKE, UNFI, JPM, XLP, XLY
NASDAQ · 2d ago
Betting On The Swoosh: Why Nike Deserves A Spot In Your Portfolio
Recent sell-off in Nike stock offers new investors a prime opportunity to purchase a fantastic business with strong growth potential. Since hitting all-time highs in 2021, shares of Nike, Inc. Have fallen by over 40%. Nike faces stiff competition and macro headwinds, but is well-positioned for long-term growth.
Seeking Alpha · 2d ago
FACTBOX-US, Canadian companies kick off 2024 with layoffs
Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors. Amazon, Microsoft, eBay and others have announced job cuts in the first week of the year. Layoffs come as companies scramble to rein in costs in the face of a slowing economy.
Reuters · 2d ago
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About NKE
NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The Company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. It also designs products specifically for the Jordan Brand and Converse. The Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball performance and culture using the Jumpman trademark. The Company also designs, distributes and licenses casual sneakers, apparel and accessories under the Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks.