Nike still has plenty of opportunities to expand in a $300 billion athletic wear industry. UPS is seeing the early signs of a turnaround, but investors can still buy the stock and get an attractive 5% yield.
Steve Grasso, Grasso Global CEO; Tim Seymour, CIO at Seymour Asset Management; Julie Biel, chief market strategist at Kayne Anderson Rudnick; and Mike Khouw, chief strategist at OpenInterest.Pr, join 'Fast Money' to discuss Nike as the company prepares to report its earnings next week.
NKE's Q1 results are expected to reflect the impacts of soft lifestyle product trends and challenges in Greater China. Its growth initiatives appear promising.
Nike (NKE) reports earnings after the bell Tuesday for the first quarter of fiscal 2025, weeks after announcing a CEO change, with Elliott Hill set to replace John Donahoe next month.
Nike NKE just announced that its current CEO has retired, and it's bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14.
To address its current challenges, Nike is bringing in a new CEO, effective Oct. 14. Management overestimated the potential from relying on a direct-to-consumer model.
The Q3 earnings season looks to be positive, with earnings growth expected to be strong and again underpinned by a robust showing from the Tech sector.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Nike (NKE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended August 2024.
The market is excited about a turnaround story.
A new month begins on Tuesday next week, bringing plenty of economic data with it.
Nike NYSE: NKE just announced that its current CEO has retired, and it's bringing in a long-time employee to take the helm. Elliott Hill will become Nike's CEO on Oct. 14.
Nike has been losing market share in the shoe industry, and it's consequently moving on to a new CEO. Nike's new CEO has plenty of experience at the company and in the industry, which could be the requisite resume to lead a turnaround.