Core Insights - Carnival Corporation & plc (CCL) reported strong fourth-quarter fiscal 2025 results, with adjusted earnings exceeding estimates while revenues fell slightly short [1][4][9] Financial Performance - Adjusted earnings per share (EPS) for Q4 was 34 cents, surpassing the Zacks Consensus Estimate of 25 cents, and up from 14 cents in the same quarter last year [4][9] - Revenues for the quarter reached $6.33 billion, a 6.6% increase year-over-year, but below the consensus estimate of $6.36 billion [4][9] - Adjusted net income rose over 60% to $454 million compared to $186 million in the prior-year quarter [6][9] - Adjusted EBITDA for the quarter was $1.48 billion, up from $1.22 billion year-over-year [6] Operational Highlights - Passenger ticket revenues increased to $4.05 billion from $3.85 billion in the prior-year quarter, aligning with estimates [5] - Onboard and other revenues grew to $2.27 billion from $2.08 billion year-over-year, also exceeding estimates [5] Balance Sheet and Liquidity - As of November 30, 2025, cash and cash equivalents stood at $1.9 billion, up from $1.2 billion in the prior-year period, with total liquidity of $6.4 billion [7] - Total debt decreased to $26.64 billion from $27.48 billion year-over-year [7] Future Outlook - The company anticipates continued momentum into fiscal 2026, projecting double-digit earnings growth and return on invested capital to exceed 13.5% [3][9] - For Q1 fiscal 2026, adjusted EBITDA is expected to be approximately $1.24 billion, with adjusted net income near $235 million and adjusted EPS of 17 cents [13] - For the full fiscal 2026, adjusted EBITDA is projected at approximately $7.63 billion, with adjusted net income anticipated to be nearly $3.5 billion and adjusted EPS of $2.48 [13] Booking and Demand Trends - Strong booking momentum is evident, with two-thirds of capacity for the upcoming year already secured at higher prices [8][10] - Total customer deposits as of November 30, 2025, were $7.25 billion, up from $6.77 billion in the previous quarter [11]

Core Insights - Nike's stock dropped approximately 10% despite reporting quarterly earnings that exceeded Wall Street expectations, with revenues of $12.4 billion and earnings per share of $0.53, surpassing consensus estimates of $12.1 billion and $0.37 respectively [1][2] Financial Performance - The company experienced a year-over-year revenue increase of about 1%, but net income fell roughly 32% compared to the previous year [2] - Gross margins decreased by 300 basis points to around 40.6%, and inventories dropped by 3% primarily due to higher tariffs [2] Sales Performance - Nike Direct revenues, which include higher-margin direct-to-consumer channels, declined by about 8%, with digital sales experiencing a double-digit decline [3] - Sales in Greater China fell sharply by 17% to approximately $1.42 billion, continuing a multi-quarter slump that has disappointed investors [3] Future Outlook - The company forecasts a slight revenue decline in the next quarter and anticipates continued margin pressure due to tariff impacts and competitive dynamics [4] - Nike's leadership is attempting to frame current challenges as part of a broader turnaround strategy, with CEO Elliott Hill describing the situation as being "in the middle innings of our comeback" [5] Strategic Initiatives - Efforts are being made to rebalance the portfolio, strengthen wholesale partnerships, and focus on core sport categories as part of the recovery strategy [5] - There is a contrasting narrative among analysts and investors regarding whether the current situation represents stabilization or merely a pause in a slower rebound cycle [6]

>> OVER $7. >> TRILLION WORTH. >> I KNOW IT'S A REALLY BIG DAY IN THE MARKETS SEEM TO BE SO FAR, BUT IT'S STILL EARLY.>> YES. LET'S BEGIN THOUGH, WITH THE BIG EARNINGS ON THE DAY. GABBY FONROUGE IS WATCHING SOME OF THEM, INCLUDING NIKE FOR US TODAY.HEY, GABBY. FRA HEY, CARL. SORRY ABOUT THAT.SHARES OF NIKE ARE MOVING LOWER TODAY AFTER A MIXED EARNINGS REPORT LAST NIGHT. BUT NIKE, IT'S A BIT OF A MIXED BAG BECAUSE THEY BEAT EXPECTATIONS ON BOTH THE TOP AND BOTTOM LINES. THEY SAW SALES GROW 9% IN NORTH AMERIC ...

Market Overview - Major indexes closed higher on Thursday, influenced by a -40 basis-point decline in the Inflation Rate from the CPI report, marking the first decline since early this year [1] - Pre-market futures are fluctuating, with the Dow down 7 points, S&P 500 up 6 points, Nasdaq up 56 points, and Russell 2000 up 6 points [2] - The day is characterized as Quadruple Witching, which may lead to increased volatility due to the expiration of futures and options [2] Santa Claus Rally Potential - Despite recent gains, indexes are down over the past week, with concerns about AI infrastructure spending affecting tech stocks [3] - The "Santa Claus Rally" typically occurs in the last trading days of the year, often correcting earlier trading discrepancies and looking forward to new year opportunities [4] - Current market conditions suggest a favorable environment for a potential Santa Claus Rally [4] Earnings Reports - Nike (NKE) and FedEx (FDX) reported better-than-expected earnings but saw stock declines due to external challenges, including weakness in China and tariff impacts [5] - Winnebago (WGO) surprised with a +216% positive earnings surprise, reporting $0.38 per share and $702.7 million in revenues, leading to a 16% increase in shares [6] - Lamb Weston (LW) beat earnings estimates but faced a 15% drop in shares due to flat sales in North America and uncertainties from international acquisitions [8] - Conagra (CAG) reported earnings slightly above estimates but is down marginally after a significant year-to-date decline of 35% [8]

Key Takeaways Nike shares slumped Friday after the athletic apparel giant gave a weaker-than-expected outlook and warned of sales headwinds in China.The shoe maker's fiscal second-quarter revenue and earnings beat analysts' estimates as sales in North America rose, but sales in China sank. Nike shares tumbled Friday, despite quarterly profits that topped estimates, as a weaker-than-expected outlook and headwinds in China weighed on sentiment. The shares were down nearly 10% to about $59 in recent tradi ...

Core Viewpoint - Nike's stock is experiencing a significant sell-off following a disappointing earnings report, with a notable decline of over 25% since Labor Day, despite a previous 15% increase after earnings six months ago [1][5]. Financial Performance - Nike reported revenue of $12.43 billion, surpassing the market expectation of $12.1 billion, and adjusted earnings per share of 53 cents, exceeding the anticipated 37 cents [5]. - However, the company faced a reduction in margins by 300 basis points for Q2, with guidance indicating a potential further decline of 175 to 225 basis points in Q3, raising concerns about profitability [6]. Market Reaction - The stock is down approximately 8% following the earnings announcement, although it has seen a slight recovery of about 3.8% from pre-market lows [4][5]. - Other athleisure brands are also experiencing downward pressure in the market, reflecting a broader impact from Nike's performance [2][8]. Analyst Sentiment - Analysts remain cautiously optimistic about Nike's long-term prospects, with Bernstein lowering its price target from $90 to $85 while maintaining an outperform rating, and Bank of America reducing its target from $84 to $73 but keeping a buy rating [6][7].

Good Friday morning. Welcome to Opening Bid. I'm Yahoo Finance executive editor Brian Sazi.I want to be blunt right off the top here, friends. I have a lot to say about this Nike quarter that is hammering the stock here today. I think it sends a host of messages on one's investing process and on the broader investing landscape headed into next year.So, here we go. Every analyst report I have read this morning is praising the Nike quarter as if the company squashed EP estimates by 50 cents and offered up gui ...

Under Armour Inc. has laid off two employees who worked on Stephen Curry’s shoe and apparel brand and moved others to new jobs as the athletic company winds down its partnership with the basketball star. https://t.co/PFgUUjcMiF ...

Core Insights - The article discusses the current trends and performance metrics in the investment banking sector, highlighting key financial indicators and market movements. Group 1: Market Trends - The investment banking industry has seen a significant increase in M&A activity, with a reported growth of 25% year-over-year in deal volume [1] - Equity capital markets have rebounded, showing a 15% increase in IPOs compared to the previous quarter [1] Group 2: Financial Performance - Major investment banks reported a collective revenue increase of 10% in the last fiscal quarter, driven by higher trading volumes and advisory fees [1] - Profit margins for leading firms have improved, with an average margin of 20%, up from 18% in the previous year [1] Group 3: Future Outlook - Analysts predict continued growth in the sector, with expectations of a 5% increase in overall market size by the end of the fiscal year [1] - Regulatory changes are anticipated to impact the industry, with potential implications for compliance costs and operational strategies [1]

Core Insights - Nike's stock dropped nearly 10% following a significant decline in profits, attributed to an anticipated $1.5 billion impact from tariffs and a slowdown in the Chinese market [1][4][5] Financial Performance - In Q2 of fiscal year 2026, Nike's revenue increased by only 1% to $12.4 billion, while net income fell by 32% to $792 million, resulting in diluted earnings per share decreasing from $0.78 to $0.53 [2][4] - Gross margin decreased by 300 basis points to 40.6%, primarily due to higher tariffs and excess inventory in China [5] Regional Performance - North America showed resilience with a 9% revenue increase to $5.6 billion, driven by a 24% rise in wholesale, despite a 16% decline in Nike Digital [6][8] - In contrast, revenue in China plummeted by 17% to $1.4 billion, with EBIT dropping by 49%, and direct sales falling by 18%, including a 36% decline in Nike Digital [9][11] Strategic Initiatives - The company is focusing on margin expansion as a top priority, with plans to cut classic footwear franchises by over $4 billion by the end of the fiscal year, which is expected to create a $550 million headwind in revenue for the quarter [5][10]