An employee carries shoe boxes at the Footlocker retail store in the Barton Creek Square Mall on August 28, 2024 in Austin, Texas.Nike will report quarterly earnings on Tuesday as investors brace for another set of less-than-stellar results. The company announced last month that CEO John Donahoe would be stepping down.Here's what analysts are expecting from the world's largest sneaker company for its fiscal first quarter of 2025, according to consensus estimates from LSEG:Earnings per share: 52 centsRevenue ...

Tuesday, October 1st, 2024We start a new trading day quietly, albeit at record-high levels on the blue-chip Dow and S&P 500 indexes. We’re lower at this hour, but unconvincingly so: the Dow is -121 points, -0.28%, the S&P -0.11%, the Nasdaq -0.02% and the small-cap Russell 2000 is at -0.15%. But we may expect a turnaround based on favorable data after the opening bell (should it actually be favorable).September Manufacturing Data On DeckBoth ISM Manufacturing and final S&P Manufacturing PMI reports are out ...

In financial markets, certain price levels are more important than others. Sometimes the reason why a level is important is clear but many times it isn't. The good news for traders is they don't need to know why. They just need to be able to identify which ones are.For example, as you can see on the chart of Nike Inc. NKE the $88.50 level is important. This is why our team of trading experts has made it our Stock of the Day.In September 2023, $88.50 was a support level. It is not clear why. It was also a su ...

Nike's going back to the past to ensure its future.It's been a tough stretch for sporting apparel and shoe giant Nike (NKE -0.23%). The company, famous for its Swoosh logo, has lost its growth momentum after an excellent couple of years following the onset of the pandemic. Today, investors question the company's competitive moat as emerging competitors like Deckers Brands, which sells Hoka sneakers, have enjoyed solid success.Nike has grown concerned enough that it ousted CEO John Donahoe to bring back form ...

As Nike prepares to report earnings for the first quarter of fiscal 2025 Tuesday (Oct. 1), the company faces significant hurdles marked by a leadership transition and shifting market dynamics. Elliott Hill will take over as CEO from John Donahoe  on Oct. 13, a move aimed at revitalizing the brand amid declining sales and heightened consumer expectations for innovation and a revamped digital transformation strategy.Analysts project a 10% drop in revenue, forecasting total earnings to fall to approximately $1 ...

JHVEPhoto/iStock Editorial via Getty Images Nike (NYSE:NKE), the footwear and athletic apparel giant, reports their fiscal Q1 ’25 after the market closes on Tuesday, October 1, ’24. Sell-side consensus is expecting $0.52 in EPS, roughly $878 million in operating income on $11.6 billion ...

Svetlanka777/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify Economists expect the 144K jobs added in September. (0:29) Nike may rip off the Band Aid. (1:49) OpenAI losses. (3:30) The following is an abridged transcript: This week asks a tough question about what the stock market cares about. The economy or corporate earnings. Usually the monthly jobs report would be the no-brainer for a headliner. But with the cool inflation data from the core PCE index on Friday and ...

These industry-leading brands are not done growing, and they pay above-average yields.No matter what is happening to the stock market, it is always comforting to hold stocks of companies that pay growing dividends to shareholders. Let's look at two industry leaders that are trading well off their highs and offering their highest yields in a long time.1. NikeNike (NKE 0.06%) recently announced that longtime company veteran Elliott Hill will take over as President and CEO starting Oct. 14. The change in leade ...

NIKE Inc. (NKE) is slated to release first-quarter fiscal 2025 results on Oct. 1. The leading sports apparel retailer is estimated to have witnessed year-over-year declines in the top and bottom lines in the fiscal first quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fiscal first-quarter revenues is pegged at $11.6 billion, suggesting a 10% decline from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for the company’s fi ...

Analyst Estimates for Q1 2025 Q4 2024 Q1 2024 Revenue $11.65 billion $12.61 billion $12.94 billion Diluted EPS 51 cents 99 cents 94 cents Net Income $770.9 million $1.5 billion $1.45 billion Key Metric: Full-Year Outlook In its most recent report, Nike gave a downbeat outlook for sales in the first quarter and fiscal 2025, citing concerns about the Chinese market, online sales, and the impact that a shift to focus on newer products could have on near-term sales. The news sent its stock sharply lower. Ahead ...