Robert WayI rate Nike (NYSE:NKE) as a hold as there are certain factors that do not contribute to having a clear visibility of Nike's business model as a long-term investment. It seems like the strategy launched by CEO John Donahoe three years ago of accelerating digitalization and its direct-to-consumer approach (DTC) have put Nike in a hard position now. Some people might think that Nike's competitive advantages are associated with its well-renown brand, but that's wrong, as the apparel and footwear i ...

NEW YORK, July 12, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against NIKE, Inc. (“NIKE” or “the Company”) (NYSE: NKE) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired NIKE securities between M ...

NEW YORK, July 12, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of NIKE, Inc. (NYSE: NKE).Shareholders who purchased shares of NKE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/nike-loss-submission-form/?id=90340&from=4CLASS PERIOD: March 19, 2021 to March 21, 2024ALLEGATION ...

NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class B common stock of NIKE, Inc. (NYSE: NKE) between March 19, 2021 and March 21, 2024, both dates inclusive (the “Class Period”), of the important August 19, 2024 lead plaintiff deadline. SO WHAT: If you purchased NIKE Class B common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...

The business is in a "transitional" year, according to management.Shares of athletic apparel company Nike (NKE 1.17%) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence. When taking out just two days of trading, the stock would have been roughly flat for the six-month period. But it reported financial results twice. And the stock took a hit both times, dropping it below the 14.5% return for the S&P 500.Nike's fiscal calendar differs from traditional calenda ...

The company's recent earnings results weren't impressive, and they led to a steep sell-off.Shares of athletic footwear and apparel specialist Nike (NKE 0.11%) have gone over a cliff lately. Its recent quarterly results have raised concerns that the company's growth has evaporated, at least for the foreseeable future. And as the business isn't known for having low-priced products, investors may be worried about what may happen down the road, particularly if the economy falls into a recession.But with shares ...

The leading athletic apparel company is going through a difficult time.Nike (NKE 0.11%) is one of the most well-known brands on the face of planet. And since its founding 60 years ago, the company has grown to become a powerful sportswear enterprise.But the shares have been a huge disappointment. In the past three years, they have tanked 54% (as of July 8), which is not what you'd expect from an industry leader.Maybe the future will be different. Where will this top apparel and shoe stock be three years fro ...

Thank you for your assistantOverview Nike faces important challenges, such as a slow innovation cycle, rising competition, slower consumer demand, and slower sales in China. Figure 1: Seeking Alpha Some consumers perceive a decline in Nike's innovation and excitement factor, leading to less hype around some of its recent product releases, especially in the markets farther away from its home market: Asia, especially in China and Europe. The structural problem is its innovation capacity, which has lost i ...

NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of NIKE, Inc. (NYSE: NKE) and FutureFuel Corp. (NYSE: FF). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided. NIKE, Inc. (NYSE: NKE) Class Period: March 19, 2021 - March 21, 2024 Lead Pl ...

NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of NIKE, Inc. (NYSE: NKE). Shareholders who purchased shares of NKE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/nike-loss-submission-form/?id=89651&from=3 CLASS PERIOD: March 19, 2021 to March 21, 2024 A ...