Nike Inc. on Thursday reported fourth-quarter results that weren't as bad as Wall Street expected, but the financials weren't doing much for the sneaker maker's stock in after-hours trade.
Nike is scheduled to report earnings after Thursday's close. The stock hit a record high of $179.10/share in 2021 and is currently trading near $62.
Nike will report fiscal fourth-quarter earnings after the bell on Thursday. Analysts are expecting earnings per share of 13 cents on revenue of $10.7 billion, according to LSEG.
Once Continuing Claims reach 2 million per week, expect a change in the narrative -- including from the Fed -- on our steady and secure labor market.
Markets today face a packed session with GDP, jobless claims, Fed speakers, and Nike earnings in focus as indexes test key resistance levels.
The sneaker maker's quarterly results should show a sharp drop, if forecasts are correct. But Wall Street is betting the recovery starts now.
With Nike Inc.'s fourth-quarter results due on Thursday, some analysts say the company's sluggish sales and stock price should reach the bottom soon — if not now, then in the months ahead — after struggling with competition, squeezed consumers and weaker sneaker demand over the past few years.
The Q2 earnings cycle is weeks away from picking up notable steam with the release of the big banks' results, but we nevertheless have several companies reporting their results in the days ahead, which we count as part of the overall Q2 tally.
NKE's high valuation clashes with weak growth, raising red flags as investor expectations outpace business momentum.
Nike is betting its endeavor to help Kenyan athlete Faith Kipyegon run a mile in under four minutes will recapture the attention of women consumers who have been looking elsewhere for running shoes and clothes.
Nike Inc (NYSE:NKE, ETR:NKE) shares are trading at near-decade lows, but Jefferies analysts are urging investors to look beyond the upcoming fourth quarter earnings pain and “just buy it.” The analysts repeated their ‘Buy' rating on Nike with a price target of $115, representing upside of nearly 90% from current levels, and declared that the company has reached its fundamental trough.
Nike (NYSE: NKE) is set to announce its fiscal fourth-quarter earnings (for the year ending in May) on Thursday, June 26, 2025, with analysts anticipating earnings of 12 cents per share on $10.71 billion in revenue. This would reflect an 88% decline in earnings year-over-year and a 15% decrease in sales compared to the previous year's figures of 99 cents per share and $12.62 billion in revenue.