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Tag: Sports Goods

Nike says 'newness' is crucial to its growth. One analyst says it's not working

Nike says 'newness' is crucial to its growth. One analyst says it's not working

December 22, 2023December 23, 2023 · Breaking News

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 working
Walmart, Nvidia, Novo Nordisk, Vista Outdoor, GM, and More Stock Market Movers

Walmart, Nvidia, Novo Nordisk, Vista Outdoor, GM, and More Stock Market Movers

November 24, 2023November 24, 2023 · Business

Stock futures pointed higher Friday as Wall Street returned for a shortened trading session following the Thanksgiving holiday. Retailers will be in focus on Black Friday, which marks…

Read more Walmart, Nvidia, Novo Nordisk, Vista Outdoor, GM, and More Stock Market Movers
Nike stock rises as profit beats estimates and inventories fall

Nike stock rises as profit beats estimates and inventories fall

September 28, 2023September 28, 2023 · Breaking News

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 a drop in sales for…

Read more Nike stock rises as profit beats estimates and inventories fall
Micron, Peloton, GameStop, Workday, Nike, CarMax, and More Stock Market Movers

Micron, Peloton, GameStop, Workday, Nike, CarMax, and More Stock Market Movers

September 28, 2023September 28, 2023 · Business

We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. Summary Summary U.S Europe Asia FX Rates Futures ETFs Crypto…

Read more Micron, Peloton, GameStop, Workday, Nike, CarMax, and More Stock Market Movers
After fighting over connected fitness, Peloton and Lululemon join forces

After fighting over connected fitness, Peloton and Lululemon join forces

September 27, 2023September 27, 2023 · Breaking News

Peloton Interactive’s stock jumped after hours Wednesday after the connected-exercise-bike maker and yoga-wear giant Lululemon Athletica announced a five-year partnership that will combine digital fitness with workout and…

Read more After fighting over connected fitness, Peloton and Lululemon join forces
Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand

Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand

June 29, 2023June 29, 2023 · Breaking News

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 demand for sneakers and clothing.…

Read more Nike profit misses expectations, as ‘higher markdowns’ endure amid weaker demand
Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.

Does Nike have too many sneakers? Its financial results could tell us whether shoes will get cheaper.

June 29, 2023June 29, 2023 · Breaking News

Are 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.
Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week

Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week

March 26, 2023March 26, 2023 · Business

Data on the U.S. consumer and housing market, plus several notable earnings reports, will be this week’s highlights. Barring any surprises, federal financial regulators’ Congressional testimony will be…

Read more Lululemon, Intel, Carnival, Micron, Walgreens, and More Stocks to Watch This Week
Nike stock rallies after another earnings beat

Nike stock rallies after another earnings beat

March 21, 2023March 21, 2023 · Breaking News

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 beat
Under Armour stock jumps toward 9-month high after big profit beat, strong shoe sales

Under Armour stock jumps toward 9-month high after big profit beat, strong shoe sales

February 8, 2023February 8, 2023 · Business

Shares of Under Armour Inc. sprinted higher Wednesday toward a nine-month high, after the athletic apparel and gear seller reported a big beat in fiscal third quarter profit…

Read more Under Armour stock jumps toward 9-month high after big profit beat, strong shoe sales
Barron’s Stock Picks Had a Good Week. Tesla and Generac Outperformed.

Barron’s Stock Picks Had a Good Week. Tesla and Generac Outperformed.

February 3, 2023February 3, 2023 · Breaking News

Tesla shares surged 22% in the past week, making it one of the top performers in a portfolio of stocks recommended by Barron’s. Eric Thayer/Bloomberg A portfolio of…

Read more Barron’s Stock Picks Had a Good Week. Tesla and Generac Outperformed.
Lululemon stock drops 10% after mixed quarterly results, soaring inventories

Lululemon stock drops 10% after mixed quarterly results, soaring inventories

December 8, 2022December 8, 2022 · Breaking News

Lululemon Athletica Inc. stock fell more than 10% in the extended session Thursday after the athleisure-wear maker reported mixed quarterly results and saw inventories soar. Lululemon LULU, +0.59%…

Read more Lululemon stock drops 10% after mixed quarterly results, soaring inventories
Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss

Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss

November 8, 2022November 8, 2022 · Business

Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss Source link

Read more Kohl’s CEO Michelle Gass Resigns to Join Levi Strauss
A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs

A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs

October 17, 2022October 17, 2022 · Breaking News

Tesla shares could decline dramatically — and that could mean disaster for a number of stocks that have already seen deep share-price cuts, according to equity research firm…

Read more A Tesla stock plunge could destroy ‘zombie stocks’ such as GameStop and Peloton, warns equity research firm New Constructs
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped

WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped

October 11, 2022October 12, 2022 · Business

John Foley, the co-founder and former chief executive of Peloton Interactive faced repeated margin calls on money he borrowed against his Peloton holdings before he left the fitness…

Read more WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
For Long-Term Investors, It’s Time to Buy Tech Again. Here Are 20 Stocks to Look at First.

For Long-Term Investors, It’s Time to Buy Tech Again. Here Are 20 Stocks to Look at First.

September 30, 2022October 1, 2022 · Business

One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible…

Read more For Long-Term Investors, It’s Time to Buy Tech Again. Here Are 20 Stocks to Look at First.
Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year

September 29, 2022September 29, 2022 · Breaking News

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 clothing from warehouses in North…

Read more Nike stock drops 10% as execs predict cheaper clothing for at least the rest of the year
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