NKE
NYSE · Textiles, Apparel & Luxury Goods
Nike Inc.
$44.14
-0.27 (-0.61%)
NKE News15 articles
Anta's Global Ambitions: From Chinese Roots to Western Rivalry
Anta Sports reports strong 2025 revenue growth, acquires a stake in Puma, and opens a U.S. flagship, challenging Nike's dominance in China and global markets.
Nike Cuts 1,400 Tech Jobs Amid Restructuring to Revive Growth
Nike eliminates 1,400 positions, mostly in technology, as it restructures to accelerate its turnaround amid flat revenue and tariff headwinds.
Lululemon Stock Drops 12% on CEO Appointment from Nike
Lululemon shares plunged 12% after appointing Heidi O'Neill, a former Nike executive, as CEO. The move comes as the company faces weak U.S. sales and a proxy fight.
Lululemon Appoints Nike Veteran Heidi O'Neill as CEO Amid Strategic Pressure
Lululemon Athletica has selected Heidi O'Neill, a former Nike executive with over 25 years of experience, as its new chief executive. The appointment comes amid a proxy battle with founder Chip Wilson and activist investor Elliott Investment Management, alongside a 4% decline in Americas revenue last quarter.
Nike Plunges to Decade Low on China Revenue Warning, Turnaround Timeline Extends
Nike shares tumbled over 15% to their lowest close in more than ten years after the company projected a steep 20% revenue decline in China and an overall sales drop for the current quarter, missing analyst expectations.
Nike Plunges to 11-Year Low on Sales Warning, Indian Markets Tumble
Nike shares plummeted to an 11-year low following a warning of a 4% quarterly sales drop. Meanwhile, Indian equity indices plunged sharply due to geopolitical risks and heavy foreign selling.
Nike Posts Mixed Q3, Beats Sales Forecasts Amid China and Margin Pressures
Nike reported third-quarter revenue of $11.28 billion, matching year-ago levels and exceeding analyst forecasts, though net income dropped 35% to $520 million. The company continues to face headwinds in Greater China and from higher tariffs.
Wall Street Braces for Volatile Week Amid Dow Correction, Key Data
The Dow Jones Industrial Average entered correction territory Friday, joining the Nasdaq, while the S&P 500 posted its fifth consecutive weekly decline. Markets face a data-heavy week ahead of a delayed payrolls report.
Lululemon Shares Slide on Subdued 2026 Forecast Despite Q4 Beat
Lululemon's stock declined following a 2026 outlook that fell short of Wall Street expectations, despite the company reporting better-than-anticipated fourth-quarter results. The apparel retailer also announced the appointment of former Levi's CEO Chip Bergh to its board.
Adidas Shares Slide on 2026 Profit Guidance Miss, CEO Contract Extended
Adidas AG shares dropped sharply after the company projected 2026 operating profit of approximately €2.3 billion, missing analyst expectations. The sportswear giant pointed to U.S. import tariffs and a weaker dollar as primary challenges.
Lululemon Founder's Board Challenge Weighs on Shares
Lululemon shares fell in premarket trading following a new proxy filing from founder Chip Wilson, who is seeking board changes. The stock has declined significantly this year.
Nike Stock Volatile After Supreme Court Tariff Ruling; Earnings Loom
Nike stock closed slightly lower after an 8% intraday swing following a Supreme Court tariff ruling. Investors now focus on a new 10% global tariff effective Tuesday and the company's upcoming March 19 earnings report.
Nike Shares Rally 3.3% on Cost-Cutting, Dividend Announcement
Nike shares rose 3.3% to $63.13, ending a two-day decline. The company announced a quarterly dividend and Converse corporate job reductions.
Nike Shares Gain on Converse Restructuring and Dividend Announcement
Nike shares advanced 3.2% following news of a Converse corporate restructuring and a declared $0.41 quarterly dividend. The stock gave back a slight margin after hours.
Nike Shares Slide Below Key Technical Levels Amid Focus on Upcoming Product Launches
Nike shares declined 1.1% in extended trading Wednesday, falling below critical 50- and 200-day moving averages. Investors are monitoring upcoming Jordan Brand and Levi's collaborations for demand signals.