These top stocks are poised for a rebound over the next year.The stock market has been on a tear over the past year. All the top market indexes surged to new highs recently, but there are some notable names trading at discounts. Here are two stocks trading well off their highs that could rebound over the next year.1. NikeNike (NKE 0.18%) is a top brand in a growing athletic wear market, but its share price is trading 50% off its previous peak on weak sales performance. The company is a good bet for a turnar ...

Nike has failed to capitalize on the basketball star's soaring popularity.Even if you're just a casual sports fan, you've probably heard of Caitlin Clark. The basketball star shattered records in college in scoring, three-pointers, and assists, among other categories, and has dazzled fans in her rookie year in the WNBA, bringing a surge of attention and record audiences to women's basketball, much like Tiger Woods did in golf a generation ago.Arguably, Clark is the biggest female athlete since Serena Willia ...

Nike Inc. (NKE, Financial) reported its financial results for the first quarter of fiscal year 2025, ending on August 31, 2024. The company experienced a 10% year-over-year decrease in revenue, totaling $11.589 billion. Additionally, net profit fell by 28% to $1.051 billion.Revenue from the Greater China region reached $1.666 billion, marking a 4% decline compared to the previous year. ...

Nike just reported one of its worst quarters ever. Are better times around the corner? It's no secret that Nike (NKE -1.20%) has struggled lately. The sportswear giant has posted several quarters of weak growth and even said that revenue would decline in fiscal 2025, which began in June. That was before the company ousted CEO John Donahoe, who is set to be replaced on Oct. 14 by longtime company executive Elliott Hill, who is coming out of retirement to take the job. In the middle of that transition, Nike r ...

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About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Shares of Nike (NKE, Financial) fell 6.31% after the company reported its third-quarter earnings results. The company's constant currency revenue declined 9%, missing analyst expectations. This led to Nike withdrawing its FY2025 guidance and postponing its Investor Day event. The company cited moderated revenue expectations due to trends in Nike Digital traffic, retail sales, and final order books for spring. As of the latest data, Nike Inc (NKE, Financial) is trading at $83.51 per share. The stock has a ma ...

NIKE Inc. (NKE) reported mixed first-quarter fiscal 2025 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed. However, revenues and earnings per share (EPS) fell year over year. The company’s EPS of 70 cents declined 26% from the year-ago quarter. However, the figure beat the Zacks Consensus Estimate of 52 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of the Swoosh brand owner declined 10% year over year to $11.59 billion and m ...

NIKE (NKE, Financial) continues to struggle in its comeback attempt, as shown by its weak 1Q25 earnings report. Although the company exceeded EPS estimates for the fifth consecutive quarter, aided by cost-cutting measures and a 120-bps year-over-year improvement in gross margin, sales dropped by 10.4% to $11.59 billion, missing expectations and marking its worst sales decline since 4Q20.The company did not provide an updated outlook for FY25, citing the upcoming CEO transition on October 14. This suggests t ...

Sales are slower than expected, leading to lower profit margins again.Shares of athletic apparel maker Nike (NKE -5.92%) sank on Wednesday after the company reported financial results for its fiscal first quarter of 2025, pulled its full-year guidance, and delayed its upcoming investor-day presentation. As of 10:30 a.m. ET today, Nike stock was down 7%.Nike's unanswered questionsNike just hired Elliott Hill as its new CEO, but he doesn't start for about another two weeks. It's unfortunate for investors beca ...