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Nike says 'newness' is crucial to its growth. One analyst says it's not working
[ad_1] As sneaker makers try to stay relevant amid waning demand, Nike Inc. executives on Thursday said they were banking on “newness and innovation”…
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Nike shares dive, company eyes $2 billion in cost cuts amid 'softer' outlook
[ad_1] Shares of Nike Inc. tumbled after hours Thursday after the athletic-gear giant warned of a “softer second-half revenue outlook” on its quarterly earnings…
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Blue Apron notches triple-digit percentage gain while Nike rallies after earnings beat and boosts Foot Locker stock
[ad_1] Here 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…
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Adidas and Puma shares rally after Nike results
[ad_1] Investors 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…
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Nike stock rises as profit beats estimates and inventories fall
[ad_1] Nike Inc. on Thursday reported a fiscal first-quarter profit that beat expectations, although revenue came up just shy of Wall Street’s estimates, amid…
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Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand
[ad_1] Nike Inc. on Thursday reported fourth-quarter profit that came up short of Wall Street’s expectations, with price cuts weighing on results amid weaker…
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Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.
[ad_1] Are stores getting more desperate to sell sneakers? Fourth-quarter results from Nike Inc. on Thursday will probably provide part of the answer. Even…
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Nike stock rallies after another earnings beat
[ad_1] 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…
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UPDATE: Lululemon stock slides premarket after yoga gear maker revises Q4 guidance
[ad_1] Lululemon 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…
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Nike stock jumps more than 10% as earnings, sales destroy expectations
[ad_1] Nike Inc.’s stock spiked more than 13% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking…
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Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
[ad_1] Shares 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…