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Nasdaq set to steady as Micron earnings awaited
Proactive92d agoneutral
Nasdaq set to steady as Micron earnings awaited

Wall Street stocks are expected to make a steadier start on Wednesday after a sharp technology-led sell-off in the previous two sessions, with investors now focused on Micron's earnings for clues about the health of the artificial intelligence boom. Nasdaq and S&P 500 futures were...

Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'
Benzinga93d agoneutral
Nike CEO Elliott Hill Admits Turnaround Is Taking Longer Than Expected: 'We Still Have Work To Do'

Nike Inc. CEO Elliott Hill admitted that the company’s restructuring process is not progressing as swiftly as initially planned. Hill attributed the delay to the magnitude of Nike’s challenges, amplified by U.S. tariffs and increasing oil prices that have affected consumer spending. “What I didn’t realize until I got in is the amount of work that needed to be done and the amount of time [it would take] to get us to where we are and, more importantly, where we want to go,” Hill told in an intervi

Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More
24/7 Wall St.93d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike, SpaceX, Synopsys, Target, and More

Pre-Market Stock Futures: Futures are trading lower after a mixed start to trading on Monday, following the holiday-shortened week due to the Juneteenth Federal holiday. We may start to see some end-of-the-quarter reallocations and selling for Hedge funds, ETFs, and Mutual Funds this week, and today looks like a starting point. With most corporate buybacks ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Centene, Darden Restaurants, Flutter Entertainment, GE Healthcare, IBM, Nike,

1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return
24/7 Wall St.98d agoneutral
1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

Wall Street is treating Nike (NYSE:NKE) like a broken brand, but the dividend tells a different story. After a 29.55% YTD slide to $44.19, the yield has climbed to 3.58%, the richest level in years. With the Fed signaling higher-for-longer rates, I want to know whether this payout is built to last. Dividend Snapshot Metric ... 1 Cash-Rich Dividend Legend Retirees Can Lean On Even If Rate Hikes Return

Nike gets World Cup opportunity it can’t afford to waste
TheStreet100d agoneutral
Nike gets World Cup opportunity it can’t afford to waste

Nike (NKE) is entering the World Cup with one of the biggest marketing opportunities in sports. The brand has new football boots, new federation shirts, a global campaign, and thousands of revamped store displays tailored around sport’s biggest stage. That should be a great situation for a brand ...

Investing.com106d agobearish
RBC downgrades Nike on slower-than-expected turnaround pace

Investing.com -- RBC Capital Markets downgraded Nike to Sector Perform from Outperform and slashed its price target to $50 from $70, citing a slower-than-expected turnaround and few catalysts to drive the stock higher in the near term.

The Havens From Tuesday’s Selloff
The Wall Street Journal107d agobearish
The Havens From Tuesday’s Selloff

Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.

Lululemon Slumps on Earnings. Bargain Hunters Beware.
Barrons.com111d agobearish
Lululemon Slumps on Earnings. Bargain Hunters Beware.

It’s been easy to call a bottom in Lululemon Athletica in recent years–just keep waiting another day. The specialty athleticwear company, which had already dropped nearly 40% year to date alone before it reported fiscal first-quarter earnings after the bell Thursday, didn’t reward bargain hunters. The quarter itself was better than expected, but the full-year outlook was the culprit: Lululemon said it will earn between $10.95 and $11.15 a share on revenue that will be flat or down 1%, translating into $11 billion to $11.15 billion.

Lululemon Stock Hits an Eight-Year Low
The Wall Street Journal111d agoneutral
Lululemon Stock Hits an Eight-Year Low

Lululemon Athletica shares fell 8% Friday morning to their lowest level since 2018 after the company reported another quarterly decline in U.S. sales and cut its outlook for the year. Executives said some product launches, including a new line of yoga apparel, have fallen short of the company’s expectations. "The edge that Lululemon once had in releasing collections that were interesting, innovative, and on trend has disappeared," wrote Neil Saunders, managing director of research firm GlobalData.

Lululemon stock sinks on Q1 earnings, trims full-year guidance
Yahoo Finance Video112d agoneutralVIDEO
Lululemon stock sinks on Q1 earnings, trims full-year guidance

Lululemon Athletica (LULU) came out with first quarter results on Thursday, its earnings coming in line with forecasts ($1.69 per share) while edging past Wall Street's revenue expectations ($2.47 billion vs. estimates of $2.44 billion). The stock is dropping in extended hours trading. Yahoo Finance Senior Reporter Brooke DiPalma dives into the earnings release and the athleisure brand's guidance figures.

Caleres Inc. (CAL) Tops Q1 Earnings Estimates
Zacks112d agobullish
Caleres Inc. (CAL) Tops Q1 Earnings Estimates

Caleres Inc. (CAL) delivered earnings and revenue surprises of +2.70% and -0.06%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?

Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts
24/7 Wall St.114d agobearish
Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts

On a recent Rich Habits Podcast segment, market commentator Ron Santella put it bluntly: “The playbook from last week hasn’t changed. It’s actually gotten more entrenched. Higher for longer is the base case.” For households waiting on a refinance or a first home purchase, he was even more direct: “Today’s report tells you it’s not ... Tariff-Driven Inflation Is Trapping Mortgage Rates, and the Fed Can’t Fix It with Rate Cuts