DENVER -- LeBron James, perhaps Nike's premier pitchman, said Wednesday he was aware of the shoe company's tumbling stock after weaker-than-expected sales in its latest earnings report. And he didn't sound too worried. "Uh, …
In Nike's(NYSE: NKE)fiscal year Q2 earnings announced on Dec. 20, the sportswear giant beat analyst estimates on both sales and earnings, with impressive gains on some of its important growth initiatives. Still, Wall Street didn't give the …
Calendar 2016 has been tough for leading athletic footwear and apparel retailer, NIKE Inc. NKE as its stock price continued to decline throughout the year. The company’s shares have declined 16.9% year to date, significantly underperforming …
Nike reported its fiscal second quarter earnings yesterday. They beat expectations, but the stock is still doing very poorly this year, even though many Americans are buying a lot of athleisure apparel.
More than a few eyebrows were raised, particularly because you just don't downgrade blue chips like Nike stock. So just where is the respect? NKE stock has been one of the most consistent performers in the current decade. Between 2010 …
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 …
It’s Nike vs. Under Armour in the competitive quest for Wall Street-style Olympic gold in Rio. Nike’s swoosh has become synonymous with the Olympic Games and the athletes that wear its apparel and footwear. In fact, in the past eight …
Nike Golf's surprising announcement Wednesday afternoon that it will exit the club-making business prompts the question: who or what will be reap the benefits of Nike’s absence? Right now, Callaway is. As of Thursday morning, …
Nike awarded Chief Executive Officer Mark Parker $47.6 million in compensation for fiscal 2016, almost triple the level of the previous year, after stock grants buoyed his pay. Parker's salary remained $1.55 million in the period, which ended …
Nike (NKE) shares rebounded nearly 4 percent on Wednesday, after Wall Street had a chance to digest the mixed fiscal fourth-quarter earnings results it released after markets closed Tuesday. Yet with the stock still down more than 11 …