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NKE News and Press, Nike Inc. From 06/24/24

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Company Name: Nike Inc.
Stock Symbol: NKE
Market: NYSE
Website: nike.com

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NKE - Stocks Climb to Start Last Week of June

The Dow Jones Industrial Average climbed higher Monday as Wall Street entered the last week of June and the first half of 2024 near record highs. The 30-stock index popped 321.57 points to 39,471.90. The S&P 500 regained 25.85 points to 5,490.47. The NASDAQ recovered 38.6 points t...

NKE - Athleisure and Luxury Fuse to Lead Consumer Trends

--News Direct-- Modern consumer fashion trends have been highlighted by growth in a space where athleisure meets luxury. Nowhere has this trend been more pronounced than in Lululemon ’s (NASDAQ: LULU) decade long surge to leadership amongst multi-generational consumers seeking ...

NKE - S&P 500 Earnings: Don't Ignore 2025 Estimates

2024-06-24 05:30:00 ET Summary Forward revisions for the S&P 500 continue to be positive across all time trends, i.e., sequential, 4-week rate of change, and the 12-week rate of change for the quarterly estimates that were added for 2025, around April 1 ’24. A number of...

NKE - Wall Street Brunch: Did Inflation Bottom For The Year In May?

2024-06-23 13:08:00 ET Summary Core PCE price index forecasted to rise 0.2% monthly, easing to 2.6% annually, with inflation mainly impacted by rents. Nike earnings report to focus on margin improvement and innovation investments, potential for stock rally if worst-case scenario a...

NKE - Dividend Champion, Contender, And Challenger Highlights: Week Of June 23

2024-06-23 09:01:47 ET Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. Introduction The D...

NKE - Nike losing traction to Adidas, Citigroup study finds

2024-06-23 09:00:00 ET As a leader in the athletic sportswear category, Nike’s ( NYSE: NKE ) quarterly results not only bring an unofficial close to earnings season but are viewed as a barometer to consumer spending trends and the company’s success penetrating foreign ...

NKE - Earnings week ahead: FedEx, Nike, Carnival, Micron, BlackBerry, Walgreens Boots, and more

2024-06-23 08:00:00 ET In the coming week, several notable companies will release their earnings reports, which could significantly impact overall market sentiment. Consumer giants like Nike ( NYSE: NKE ), General Mills ( NYSE: GIS ), and Carnival ( NYSE: CCL ...

NKE - 4 Reasons to Buy Nike Stock Like There's No Tomorrow

2024-06-23 05:30:00 ET It's been a tough past couple of years for athletic apparel company Nike (NYSE: NKE) , and by extension, for its shareholders. Nike stock is down more than 40% from its late-2021 high and still trading within sight -- and reach -- of 2022's multiyear low. ...

NKE - Most S&P names post earnings beat during Juneteenth week - Earnings Scorecard

2024-06-22 14:45:00 ET The Juneteenth week saw a number of S&P companies disclosing their earnings albeit from different sectors. Let us quickly recap all the financial results that were reported for the week ended June 21.... Read the full article on Seeking Alpha For furth...

NKE - Nike Earnings Preview: Fiscal '25 Guidance Is All That Matters

2024-06-21 19:20:00 ET Summary The stock has been basing in the high $80s, low $90s since the third week of April. Sell-side consensus is expecting $0.84 in earnings per share, and $1.54 billion in operating income on $12.85 billion in revenue. The income statement from Nike s...

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