As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation” to win over reluctant shoppers.…
Read more Nike says 'newness' is crucial to its growth. One analyst says it's not workingShares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings call, and said it is…
Read more Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlookHere are the day’s biggest movers: Stock gainers: Blue Apron Holding Inc.’s stock APRN, +133.52% rocketed by 134% after food-delivery start-up Wonder said it would acquire the company…
Read more Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat and boosts Foot Locker stockInvestors bid up Nike’s rivals Adidas and Puma in early European markets action, after their U.S. peer beat first-quarter earnings forecasts. Adidas shares ADS, +6.09% jumped 6%, and…
Read more Adidas and Puma shares rally after Nike resultsNike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid a drop in sales for…
Read more Nike stock rises as profit beats estimates and inventories fallNike Inc. on Thursday reported fourth-quarter profit that came up short of Wall Street’s expectations, with price cuts weighing on results amid weaker demand for sneakers and clothing.…
Read more Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demandAre stores getting more desperate to sell sneakers? Fourth-quarter results from Nike Inc. on Thursday will probably provide part of the answer. Even as its some of its…
Read more Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.Shares of Nike Inc. rallied after hours on Tuesday after the athletic-gear giant reported third-quarter results that topped expectations. The maker of sneakers and sports apparel reported third-quarter…
Read more Nike stock rallies after another earnings beatLululemon Athletica Inc. LULU, +1.02% revised its fourth-quarter guidance on Monday by raising its revenue guidance. tweaking its per-share earnings guidance to a tighter range and lowering margin…
Read more UPDATE: Lululemon stock slides premarket after yoga gear maker revises Q4 guidanceNike Inc.’s stock spiked more than 13% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street…
Read more Nike stock jumps more than 10% as earnings, sales destroy expectationsShares of Nike Inc. plunged as much as 10% after hours Thursday, after the athletic-gear giant’s executives said price-cutting efforts to flush off-season clothing from warehouses in North…
Read more Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
