A month has gone by since the last earnings report for Nike (NKE) . Shares have lost about 8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Nike due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. NKE Q1 Earnings Beat, Withdraws FY25 ViewNIKE reported mixed first-qu ...

Hedge funds managed by Bill Ackman and Jeff Yass recently bought shares of Nike stock.Portfolio managers Bill Ackman and Jeff Yass share very little in common. Ackman is an activist investor who takes large positions in a small cohort of stocks. His fund, Pershing Square Capital Management, manages over $10 billion across just nine positions. In contrast, Yass helps manage Susquehanna International Group (SIG) -- a $57 billion fund with more than 5,500 positions.While taking a look through the most recent 1 ...

The latest trading session saw Nike (NKE) ending at $78.85, denoting a -0.24% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.03%. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq added 0.56%. Prior to today's trading, shares of the athletic apparel maker had lost 11.58% over the past month. This has lagged the Consumer Discretionary sector's gain of 0.88% and the S&P 500's gain of 1.39% in that time. Analysts and investors alike will be keeping ...

NIKE Inc. (NKE) has been in troubled waters since the start of 2024 due to challenges related to its operations, highlighted by sluggish lifestyle segment sales, issues in Greater China and reduced digital sales. These factors are affecting the company’s share price performance, which has rolled down 9% in the past month.Shares of the Beaverton, OR-based company also underperformed its industry peers, which collectively declined 5.9% in the past month. The NKE stock compared unfavorably against the broader ...

NIKE Inc. (NKE) has been making efforts to offer a seamless experience. In the latest development, NIKE, along with the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA), has unveiled a 12-year extension of the merchandising, outfitting, marketing and content partnership. NKE and the National Basketball Players Association have expanded their group license agreement, with the former becoming an official partner of the latter.The latest extension follows the eight-y ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Nike is a great business going through a temporary rough patch.When Nike (NKE -1.74%) reported its fiscal 2025 first quarter financials on Oct. 1, the market wasn't pleased. The apparel and footwear giant withdrew guidance for the full year. And it even called off its investor day meeting, planning to schedule it later.It's no wonder shares are down 6% since that announcement (as of Oct. 16). This has extended a streak of disappointing returns for shareholders over the past three years.However, I think Nike ...

The NBA logo is seen outside an NBA store in New York on July 8, 2024. Nike will be the exclusive uniform and apparel provider for the National Basketball Association and Women's National Basketball Association for another 12 years after they renewed their partnership with the sneaker giant, the leagues announced Monday. Under the terms of the deal, Nike will be the leagues' global outfitting, merchandising, marketing and content partner until 2037. The company will also be in charge of designing and manufa ...

NIKE, Inc. (NKE) is in a turnaround mode as revenue has fallen. This Zacks Rank #5 (Strong Sell) is expected to see earnings fall, as well, by the double digits in fiscal 2025. NIKE is a designer, marketer and distributor of athletic footwear, apparel, equipment and accessories for many sports and fitness activities. It also owns Converse, which also designs, markets and distributes athletic lifestyle footwear, apparel and accessories. NIKE Revenue Falls 10% in Q1 of Fiscal 2025 On Oct 1, 2024, NIKE reporte ...

Over a long enough time horizon, this consumer discretionary stock has been a big winner.Nike (NKE -0.58%) was once a surefire moneymaking machine for shareholders. The global sportswear leader produced a monster total return of 3,600% in the 20-year period that ended November 2021, almost 7 times what the S&P 500 generated during the same time.The business made those longtime investors extremely wealthy. However, shares are currently 53% below the peak from roughly three years ago, as the company is dealin ...