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Nike Q1 Earnings Highlights: Revenue And EPS Beat, Investors Pull Back On Inventory, China Concerns
Thursday, September 29, 2022 - 4:34pm | 463Read More...Apparel and footwear company Nike Inc (NYSE: NKE) reported first-quarter financial results after market close Thursday. Here are the key highlights for Nike investors. What Happened: Nike reported first-quarter revenue of $12.7 billion, up 4% year-over-year. The total came in ahead of a Street...
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Nike Q4 Earnings Highlights: Sales And EPS Beat, Nike Direct Sales Up 7%, New Share Buyback And More
Monday, June 27, 2022 - 4:38pm | 445Read More...Apparel and footwear company Nike Inc (NYSE: NKE) reported fourth-quarter and full fiscal year earnings Monday after the market close. Here are the key highlights for investors. What Happened: Nike reported fourth-quarter revenue of $12.2 billion, a decline of 1% year-over-year. The revenue total...
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Nike's New LeBron 19 Shoes To Debut In 'Space Jam 2'
Tuesday, June 8, 2021 - 6:46pm | 494Read More...One of the most popular NBA players ever is set to star in a highly anticipated sequel movie over 20 years in the making. What Happened: LeBron James of the Los Angeles Lakers will star in “Space Jam: A New Legacy.” The film will mark the debut for James in a starring role, while...
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Skechers Fires Back At Nike Lawsuit With Ad, Calls Company A 'Bully'
Friday, October 18, 2019 - 11:34am | 411Read More...Skechers USA Inc (NYSE: SKX) is no stranger to engaging in legal battles with its footwear competitors. The latest spat has Nike Inc (NYSE: NKE) suing the company, alleging Skechers is selling "Skecherized" versions of some of Nike's most popular silhouettes, including ...
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Nike Shares Fall Despite Q3 Earnings Beat
Thursday, March 21, 2019 - 4:25pm | 293Read More...Nike Inc (NYSE: NKE) reported a third-quarter earnings beat Thursday afternoon. The sportswear giant reported earnings of 68 cents per share, beating consensus estimates by 5 cents. Sales came in at $9.6 billion, topping estimates by $50 million. "In Q3, our team once again drove strong,...
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Footwear Sector Could Be Headed For Ugly Back-To-School Season
Tuesday, August 7, 2018 - 9:08am | 902Read More...Back-to-school season could be an ugly one, according to an industry expert. Many smaller activewear brands like Reebok, Fila and Puma have been performing, but for the industry to do well as a whole, NPD Group's Matt Powell said big brands need to be showing growth. “We...
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Nike Back On Top With Best-Selling Shoe Of 2017
Sunday, February 11, 2018 - 1:46pm | 844Read More...NPD Group has released their annual list of the top 10 best-selling shoes. Benzinga spoke with NPD’s sports industry analyst Matt Powell about 2017's top sellers. No. 1: Nike Tanjun Nike Inc (NYSE: NKE)'s mid-market favorite topped the list this year, replacing the Adidas...
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Nike's Q4 Earnings Beat Boosted By Sportswear, Running Segments
Thursday, June 29, 2017 - 4:27pm | 202Read More...Nike Inc (NYSE: NKE) released its fourth-quarter earnings after the close on Thursday. Q4 EPS of $0.60, beating estimates by $0.10 Sales came in at $8.7 billion, beating estimates by $70 million Inventories up 4 percent as of May 31 Q4 revenues were up 5 percent, net income increased...
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Credit Suisse On Nike: Momentum Persists Despite Currency Headwinds
Friday, December 19, 2014 - 11:37am | 227Read More...Christian Buss of Credit Suisse commented in a note on Friday that Nike Inc (NYSE: NKE) continued to demonstrate strong demand trends across regions in its second quarter results. “We continue to see opportunity for Nike to sustain low-double digit revenue growth, 40 to 50 basis points of...
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Earnings Preview for Nike
Saturday, June 25, 2011 - 8:24am | 312Read More...Nike (NYSE: NKE) will be reporting its fourth-quarter fiscal 2011 results Monday, June 27, after the closing bell. The question for investors is whether the world's largest athletic footwear maker will bounce back from its unexpected earnings miss in the third quarter, following which the stock...
