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ONON News7 articles
On Holding's Mbappé Deal Fails to Sustain Pre-Market Rally
On Holding's stock reversed a 5% premarket jump after announcing Kylian Mbappé as its football ambassador, with first boots due in 2027.
Birkenstock Shares Surge 17% on Upbeat Revenue Forecast
Birkenstock (BIRK) shares soared 17% on Thursday after the company raised its annual sales growth outlook, overshadowing a small earnings miss.
Lululemon Stock Climbs 8% on Global Growth, Offsetting US Decline
Lululemon's stock advanced 8.2% this week as international growth, led by China, offset a decline in U.S. sales. Analysts maintain a Hold consensus with a $123.01 target.
Nike Stock Retreats After Brief Recovery, Awaiting Q4 Earnings
Nike shares fell 2.41% on Friday, halting a brief rally. The stock remains near its 52-week low as the market looks ahead to a critical Q4 earnings report on June 30.
Lululemon Rises on Governance Pact with Founder Chip Wilson
Lululemon shares rose 4.5% after settling a board dispute with founder Chip Wilson, adding two new directors ahead of a CEO transition and Q1 earnings.
Under Armour Turnaround Hits Investor Skepticism as Profit Forecast Falls Short
Under Armour shares tumbled nearly 20% after the company's fiscal 2027 profit forecast of 8-12 cents per share fell far short of analysts' 23-cent estimate, raising doubts about the turnaround.
Wall Street's Record Rally Faces Key Inflation Test This Week
The S&P 500 and Nasdaq closed at all-time highs Friday, with investors now focused on April inflation data, Cisco earnings, and US-China trade talks this week.