NKE News and Press, Nike Inc. From 06/28/24

2024-06-28 10:32:54 ET Nike (NYSE: NKE) delivered an earnings beat for the quarter, but left investors waiting when it comes to revenue growth. The market appears to be growing impatient, with Nike shares down 18% as of 10 a.m. ET. Nike is a transitional period. The longtime...

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A look at the top 10 most actives in Canada TC Energy Corporation (TRP) fell 2.5% to $51.5 on volume of 14,101,467 shares Power Corporation of Canada Subordinate Voting Shares (POW) fell 0.9% to $38.31 on volume of 9,101,467 shares iShares S&P/TSX 60 Index ETF (XIU) rose 0.3% to $33.2...

2024-06-28 09:36:10 ET Summary Nike reported Q4 FY24 earnings, with revenue growing 1% to $51.4B, driven by strength Performance products while profitability and cash flows improved. However, Lifestyle revenues declined in Q4, along with shrinking digital sales and uneven performa...

2024-06-28 09:15:44 ET Summary Shares in Nike fell to levels last seen four years ago following a disappointing finish to its 2024 fiscal year. The company reported meager full-year sales growth and cut its fiscal 2025 guidance. Strength in their mainstay product lines were mo...

2024-06-28 08:00:11 ET Jonathan Komp from Robert W. Baird issued a price target of $100.00 for NKE on 2024-06-28 07:01:00. The adjusted price target was set to $100.00. At the time of the announcement, NKE was trading at $94.19. The overall price target consensus is at $...

2024-06-28 07:18:12 ET More on footwear stocks NIKE, Inc. (NKE) Q4 2024 Earnings Call Transcript Nike: Hedging For The Market And Upcoming Earnings On Holding: The Next Consumer Apparel Juggernaut? Nike is hammered by analysts after guidance disappoints ...

2024-06-28 06:57:56 ET More on Nike NIKE, Inc. (NKE) Q4 2024 Earnings Call Transcript Nike: Hedging For The Market And Upcoming Earnings Wall Street Brunch: Did Inflation Bottom For The Year In May? Biggest stock movers today: NKE, DJT, and more Nike ...

2024-06-28 06:50:37 ET Summary Nike cuts revenue growth forecasts due to macro headwinds and softness in China. Biden and Trump spar over the economy at first U.S. presidential debate. Equinor comes up dry in first Argentina offshore well, in partnership with YPF and Shell. ...

2024-06-28 06:15:05 ET Morgan Stanley analyst issues EQUAL-WEIGHT recommendation for NKE on June 28, 2024 04:51AM ET. The previous analyst recommendation was Overweight. NKE was trading at $94.19 at issue of the analyst recommendation. The overall analyst consensus : BUY...