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Apparel giants face declines as weak demand, tariffs, excess inventory and restructuring challenges pressure the industry.
The sportswear brand has collected more than $300 million in refunds for the invalidated levies, as of the quarter ending May 31.
Yahoo Finance's Brooke DiPalma and Josh Lipton discuss 7-Eleven's federal trademark infringement lawsuit against Nike, which aims to block the unapproved release of an upcoming Air Max 95 sneaker featuring the convenience store's signature tri-color palette on July 11.
Nike’s turnaround is showing signs of progress, but not enough for Wall Street to call it a clean comeback. And this is a problem for investors. The athletic giant is still one of the strongest brands in the world, with a major global sports presence and powerful franchises across running, ...
Nike’s stock clawed back most of a steep post-earnings drop this week. Days later, a convenience store chain filed a federal lawsuit trying to block one of Nike’s biggest sneaker launches of the summer. The two storylines are unfolding almost simultaneously, but they have nothing to do with each ...
7-Eleven has filed a trademark infringement lawsuit against Nike Inc (NYSE:NKE, XETRA:NKE), alleging that the design of an upcoming Air Max 95 sneaker improperly incorporates elements of the convenience store chain’s branding. The complaint, filed in federal court in Dallas, claims the shoe...
Nike has spent the past year and a half trying to convince Wall Street that its turnaround is real. For a while, the story was working. Then, it reported fiscal Q4 results (ended in May). Now one of the banks that has stuck with Nike (NKE) the longest is recalibrating just how much patience that ...
The Dow just closed out its best first half since 2021, up 8.7% year-to-date, yet Wednesday’s open felt like a nervous glance at the door. CNBC’s Dominic Chu kicked off July with mixed earnings, one big M&A shrug, and a jobs report that gave the bulls something to chew on. Chu flagged the labor data. ... The Dow Just Had Its Best First Half Since 2021, but This Jobs Number Is Flashing Yellow
Nike stock hit a 12-year low as a one-time tariff refund masked weak sales and analysts cut targets. Here are the key levels to watch.
The main US stock measures were pointing lower in Wednesday's premarket activity as traders await ke
📣 "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.
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.
NIKE is prioritizing margin recovery, tighter inventory and sport-led execution as uneven demand keeps pressure on Sportswear and sales.
Nike Inc (NKE) reports mixed results with revenue declines but shows promise through strategic investments and innovation in key markets.
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.
Nike shares fell roughly 9% in after-hours trading after the sneakers and apparel company said weakness in China contributed to a challenging operating environment. Revenue dropped 1% in the latest quarter to $10.
Nike (NKE) delivered earnings and revenue surprises of +82.48% and +1.13%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Nike's (NKE) fiscal fourth-quarter revenue slipped year-over-year, while the sportswear company's ea
A pandemic winner, Nike couldn’t hold on to its gains and now trade at just a fraction of its 2021 highs.
The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment.
September S&P 500 E-Mini futures (ESU26) are up +0.10%, and September Nasdaq 100 E-Mini futures (NQU26) are up +0.16% this morning, putting the major indexes on track for their strongest quarterly gains in years.
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.
A pandemic winner, Nike couldn’t hold on to its gains and now trade at just a fraction of its 2021 highs.
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.
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