Nike, Inc. - Class B (NKE)
Should You Follow Billionaire Investor Bill Ackman and Buy Nike Stock Today?
Nike stock is down close to 25% this year.
Decoding Nike Inc (NKE): A Strategic SWOT Insight
On October 7, 2024, Nike Inc (NKE, Financial) filed its 10-Q report, revealing a mixed financial performance with revenues of $11.589 billion, a decrease from the previous year's $12.939 billion. Despite this decline, the company maintained a strong gross profit of $5.257 billion, though it was lower than the prior year's $5.720 billion.
Nike (NKE) Revenue Drops in Q1 2025 Amid Decreasing Profits
Nike (NKE, Financial) shares declined more than 1.3%, closing at $81.17. The company's financial report for the first quarter of fiscal year 2025, which ended on August 31, 2024, showed revenues of $11.589 billion, marking a 10% decrease compared to the previous year.
Nike Shares Slide as Sales Slump. Can the New CEO Help the Stock Rebound?
A turnaround is unlikely to happen overnight.
Prediction: Nike Could Be Headed to $100 in 2025
It's been a difficult ride for shareholders of this sportswear giant.
Should You Buy Nike Stock on the Dip?
Nike is one of the most recognizable brand names in the world.
2 Comeback Stocks to Buy Before 2025
These top stocks are poised for a rebound over the next year.
Can Nike Turn It Around? Caitlin Clark Could Be the Key.
Nike has failed to capitalize on the basketball star's soaring popularity.
Nike's (NKE) First Quarter Revenue Drops 10%, Profits Also Decline
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.
The Score: Stellantis, Nike, Spirit Airlines and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
The Nike Reset Is Here. Is the Stock a Buy?
Nike just reported one of its worst quarters ever. Are better times around the corner?
Nike Earnings Summary: Did The CFO 'Kitchen Sink' The Quarter For Elliott Hill?
Despite the big EPS beat and better gross margins, the stock fell 10% as investors realized that the turnaround is in its infancy and there's a lot of work to be done. EPS and revenue estimates were cut sharply after Nike withdrew guidance for fiscal '25 (ends May '25). Revenue estimate revision now expect a full year 7% decline in Nike revenue for May '25.
