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Investing.com -- Nike beat Wall Street estimates for fourth-quarter revenue and adjusted profit on Tuesday, helped by growth in its wholesale business and a one-time tariff-related benefit, even as its direct-to-consumer business remained under pressure.
Nike stock (NKE) is moving lower in Tuesday's extended-hours trading after reporting mixed results for the sportswear brand's fiscal fourth quarter: while earnings topped estimates, revenue declined 1.1% year-over-year. Morningstar senior equity analyst David Swartz discusses what he was expecting from the earnings release and how Nike's performance is lining up with CEO Elliott Hill's turnaround strategy.
The sneakers and apparel company said the results were in line with its expectations, despite facing what it called an increasingly challenging operating environment.
Net sales in the quarter tallied $10.97 billion, down 1 percent from the same time last year.
Sportswear titan Nike (NKE) is out with its fiscal fourth quarter results in Tuesday's after-hours trading, reporting earnings of $0.72 per share (vs. estimates of $0.14) and $10.97 billion in revenue (vs. estimates of $11.1 billion). Market Domination Overtime Host Josh Lipton dives into Nike's latest earnings release.
Athletic apparel brand Nike (NYSE:NKE) reported Q2 CY2026 results topping the market’s revenue expectations, but sales fell by 1.1% year on year to $10.97 billion. Its GAAP profit of $0.72 per share was significantly above analysts’ consensus estimates.
NKE's international markets are driving growth, but overseas strength offsets sluggishness in North America and supports a broader recovery.
Analysts see first half growth for Adidas from strong brand heat and healthy product pipeline amid World Cup fever, but second half growth could slow.
FIGS' stronger revenue outlook and customer growth support the bull case, but its big rally, richer valuation and cost pressure complicate the buy call.
Yahoo Finance Executive Editor Brian Sozzi is joined by Tech Editor Dan Howley and Portfolio Wealth Advisors President & CIO Lee Munson to break down today's Stock of the Day: Nike (NKE) ahead of its earnings report. Nike shares are trading near an 11-year low and are down more than 30% year to date in 2026, as investors look for signs the company can turn its business around.d
US stocks have been predicted to extend their recovery on Tuesday, as investors approach the final session of a second quarter that has delivered a strong rebound for many risk assets. Futures pointed to a slightly firmer open, with S&P 500 futures up 0.1%, Nasdaq futures up 0.35% and Dow...
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.
U. S. stock index futures traded modestly higher on Tuesday as investors prepared for the final trading session of both the first half of the year and the second quarter.
↘️ Strategy (MSTR): Shares of Michael Saylor’s bitcoin-hoarding company fell more than 3% ahead of the bell, on pace to erase some of their 13% jump yesterday. The Monday move came after Strategy abandoned its "never sell bitcoin" mantra in a bid to shore up confidence in the company.
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.
JPMorgan and other Wall Street firms cut Nike price targets ahead of earnings, citing weak demand and an uncertain turnaround.
Nike is set to report earnings on June 30. Here's what to expect.
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.
Investors assessed a remarkable run-up in chip stocks in the first half of the year and the dollar's growing strength.
US stock futures teetered as Wall Street digested an upbeat start to the week.
US stock futures teetered as Wall Street digested an upbeat start to the week.
Asking for a Trend Host Josh Lipton previews the top market-moving events for Tuesday, June 30, including earnings reports from Nike (NKE) and Constellation Brands (STZ), as well as the latest reading on consumer confidence and what it could mean for investors.
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