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 ...

The shoe company has a world-class brand, but its recent struggles have left it stagnant.Nike (NKE 1.58%) has spent decades building one of the most recognizable brands globally. It's one of the leading sneaker and apparel companies and has worked its way to a market capitalization of over $130 billion. Unfortunately for Nike and its shareholders, though, its market cap was once over $280 billion.Nike has had its fair share of struggles over the past few years, that's for sure. But that doesn't mean all hop ...

The Q3 earnings season looks to be positive, with earnings growth expected to be strong and again underpinned by a robust showing from the Tech sector.Three notable companies – Progressive (PGR) , Nike (NKE) , and Domino’s Pizza (DPZ) – are all on the reporting docket in the upcoming weeks.Let’s take a closer look at each.Nike Looks to Bounce BackNike shares faced considerable pressure following the release of its latest quarterly results due to an inability to capture consumers’ wants. Still, the stock is ...

The upcoming report from Nike (NKE) is expected to reveal quarterly earnings of $0.51 per share, indicating a decline of 45.7% compared to the year-ago period. Analysts forecast revenues of $11.64 billion, representing a decrease of 10% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ear ...

The market is excited about a turnaround story.The market gave Nike (NKE 2.09%) an enthusiastic thumbs-up last week when it announced the return of longtime executive Elliot Hill to lead the company in a turnaround. Hill left the sporting apparel giant in 2020, but as a longtime Nike veteran, he's well-acquainted with the intricacies of the brand, and his return is inspiring confidence in a rebound. Let's see how this could play out.Losing the sneaker warsNike's been under pressure for a while, but it got m ...

There is plenty of economic data due out next weekA new month begins on Tuesday next week, bringing plenty of economic data with it. Some earnings reports are due out as well, with Conagra (CAG), Constellation Brands (STZ), Levi Strauss (LEVI), and Nike (NKE) announcing their results. Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change. All economic dates listed below are tentative and subject to change.Monday, September 2 ...

Nike NYSE: NKE just announced that its current CEO has retired, and it’s bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14. He hopes to be the new face the company needs to turn its fortunes around.I’ll detail Nike's history with lame-duck CEO John Donahoe and whether Hill is truly the spark needed to reignite the ailing consumer discretionary company.Get NIKE alerts:How Donahoe Led Nike AstrayNIKE TodayNKENIKE$90.57 +2.57 (+2.92%) 52-Week Range$70.75▼$123.39D ...

Could this be the catalyst that certain value investors were hoping for?On June 27, Nike (NKE 0.62%) CEO John Donahoe started the earnings call for the fiscal fourth quarter of 2024 by saying that fiscal 2025 would be a "transition year." Little could he know at the time that Nike would be transitioning away from him to a new CEO.In retrospect, maybe investors should have seen this coming. Nike stock is down about 10% since Donahoe became CEO in January 2020. In fairness, the business has grown during his t ...