Over the past couple of years, Nike has lost some of its Wall Street flare as attention has instead diverted to the company’s smaller but rapidly growing rival Under Armour. I analyze why it is perhaps time to recall the world’s largest …
SAN FRANCISCO (Reuters) - Nike has top billing among sports brands at the Rio Olympics, but a week into the Games, its stock is losing to Adidas and Under Armour (UA.N). The quadrennial global sports event exposes apparel brands …
Nike's quarterly revenue climbed 5.3% year over year (7% at constant currency) to $8.7 billion, with growth in NIKE Brand revenue led by strength in the sportswear and running categories. That translated to 19.1% growth in net income to $1 …
NWI1mon
The return of retro styles really thrust the Adidas 3-Stripe look into the fashion spotlight. Moreover, Adidas was able to fully capitalize on that trend because of their key urban area focus (the company focuses on dense urban areas, and that …
Shares of Nike Inc. (NYSE:NKE) jumped more than 2 percent in extended-hours trading Thursday after the world’s …
Shares of Nike, Inc. NKE gained 9% in midday trading Friday after the company confirmed on Thursday that it will start selling a limited product assortment directly on Amazon.com AMZN. Nike is one of the best-selling brands on Amazon, …
Nike (NKE) said late Thursday that it will run a pilot deal with Amazon to sell shoes, clothes and accessories directly on the e-commerce giant, sending the athleticwear maker's shares sharply higher. Nike topped fourth-quarter profit and …
Nike is having an interesting day in the market today to say the least. At the opening bell, the stock was trading well into the green. However, shortly after the bell, the stock started to slide. Then, minutes ago, the stock spiked downward into …
Nike (NYSE:NKE) generated an impressive performance in the final quarter of 2017, while the company expects higher financial numbers in FY2018, due to its strong brand recognition, innovations and a pilot project with Amazon. Nike has …