Three months ago, Nike (NKE +3.10%) CEO Elliott Hill told investors that the company was in the "middle innings of our comeback."The implication was that investors would see further progress in the fiscal third quarter, which the company reported Tuesday after hours. However, the market was underwhelmed with the results and its forecast, and the stock tumbled 9% after hours on the news, hovering around an eight-year low. Revenue was flat at $11.28 billion, or down 3% in constant currency, which was just ahe ...

U.S. equities experienced a significant rebound today, with major indices recovering from recent lows. The S&P 500 rose by 2.9% to 6,528.52, while the Nasdaq gained 3.83% to 21,590.62, driven by a rally in tech stocks. The Dow Jones Industrial Average spiked 2.49% to 46,341.51. This recovery comes amid reports of a potential de-escalation between the U.S. and Iran, which boosted investor sentiment.Despite these gains, the S&P 500 remains on track for its worst monthly performance since September 2022. These ...

Nike's "Win Now" turnaround plan isn't seeing immediate results. The sports giant announced its third-quarter earnings results for fiscal year 2026 on Tuesday, and revenue remained flat at $11.3 billion. Nike shares moved lower after market close, falling more than 8% despite the company delivering better-than-expected results.On the call, CEO Elliott Hill said the company's comeback is taking "longer than I would like," but he and other executives expressed confidence in the approach. So far, running is l ...

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Nike Projects a Decline in Sales. Its Stock Is Getting Hammered. Stocks Finish Rough Month on a High Note Can the Stock Market Rebound? Hiring Fell To Lockdown Levels Ahead Of Iran War Gas Prices Cross $4 for the First Time Since 2022 Top Stories Weak sales in China have offset gains in North America for Nike. Costfoto / NurPhoto / Getty Images Close Key Takeaways Nike's stock is tumbling on signs of stumbling blocks in the company's turnaround. Shares of Nike (NKE) were recently down 9% in extende ...

Key Takeaways Market Indexes Gained Between 2.5%-3.5% in One DayLast Day of a Rough Quarter Saw Pothole FillingJOLTS, Chicago Biz, Consumer Confidence MixedNIKE Beats in Q3, RH Misses in Q4Tuesday, March 31st, 2026It’s the final trading day of a dismal month of March and Q1 overall — it was shaping up to be the worst trading month in four years, but it fought back valiantly today. The Dow gained +1125 points, +2.49%, the S&P 500 was +104 points, +2.91%, and the Nasdaq a whopping +795 points, +3.83%. The sma ...

Nike (NKE) reported $11.28 billion in revenue for the quarter ended February 2026, representing a year-over-year increase of 0.1%. EPS of $0.35 for the same period compares to $0.54 a year ago.The reported revenue represents a surprise of +0.43% over the Zacks Consensus Estimate of $11.23 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +20.77%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

Nike (NYSE:NKE) Q3 2026 Earnings call March 31, 2026 05:00 PM ET Company ParticipantsBrooke Roach - Managing Director of Equity ResearchElliott Hill - President and CEOLorraine Hutchinson - Managing DirectorMatt Friend - EVP and CFOMichael Binetti - Senior Managing DirectorPaul Trussell - VP of Corporate Finance and TreasurerConference Call ParticipantsAdrienne Yih - Managing Director and Consumer Discretionary AnalystBrian Nagel - Managing Director and Senior AnalystMatthew Boss - Equity Research AnalystSi ...

Nike (NYSE:NKE) Q3 2026 Earnings call March 31, 2026 05:00 PM ET Speaker8Good afternoon, everyone, and welcome to Nike, Inc.'s third quarter fiscal 2026 conference call. For those who want to reference today's press release, you'll find it at investors.nike.com. Leading today's call is Paul Trussell, VP of Corporate Finance and Treasurer. I'd now like to turn the call over to Paul Trussell.Speaker9Thank you, operator. Hello, everyone, and thank you for joining us today to discuss Nike, Inc.'s third quarter ...

Nike reported quarterly results that were a bit better than Wall Street's expectations, but investors still didn't appear convinced of the sneaker giant's turnaround efforts. ...