Could a $10,000 Investment in Nike Make You a Millionaire?
Key Points Nike has a leading position in the global sportswear market, even after its latest challenges. The leadership team wants to reinforce the brand’s strength, with efforts to improve…
Nike rebound gains momentum
Zachary Warring, equity research analyst at CFRA, joins BNN Bloomberg to discuss Nike’s Q1 results as revenue surpasses estimates. Nike CEO Elliott Hill vowed to return the company to its…
Nike ends its sales skid for now, a sign its turnaround is taking hold
Nike on Tuesday reported its first quarterly sales increase in six quarters, a sign of progress in the company’s turnaround effort. The sportswear company said sales in the three-month period…
Stock markets today: Nike eyes China growth
NEW YORK — Nike’s push into the booming outdoor recreation market — which will kick off on Monday with the launch of a new trail running shoe — will test…
Nike stock pops after better-than-expected earnings
Nike late Thursday reported a 12% quarterly sales decrease, but it’s what’s next that has many Wall Street traders excited. The sportswear giant has been in a rare and sustained…
Nike expects Trump tariffs to cost it $1bn | Nike
Nike has said it expects costs to increase by about $1bn (£728m) as a result of Donald Trump’s tariff war as the sportswear company looks to reduce its manufacturing in…