Nike has failed to capitalize on the basketball star's soaring popularity.Even if you're just a casual sports fan, you've probably heard of Caitlin Clark. The basketball star shattered records in college in scoring, three-pointers, and assists, among other categories, and has dazzled fans in her rookie year in the WNBA, bringing a surge of attention and record audiences to women's basketball, much like Tiger Woods did in golf a generation ago.Arguably, Clark is the biggest female athlete since Serena Willia ...

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. Additionally, net profit fell by 28% to $1.051 billion.Revenue from the Greater China region reached $1.666 billion, marking a 4% decline compared to the previous year. ...

Nike just reported one of its worst quarters ever. Are better times around the corner?It's no secret that Nike (NKE -1.20%) has struggled lately. The sportswear giant has posted several quarters of weak growth and even said that revenue would decline in fiscal 2025, which began in June. That was before the company ousted CEO John Donahoe, who is set to be replaced on Oct. 14 by longtime company executive Elliott Hill, who is coming out of retirement to take the job.In the middle of that transition, Nike rep ...

文章核心观点 - 公司在确保未来不会发生同样的问题时需要启用Javascript和cookies,同时也需要禁用广告拦截器[1] 公司相关 - 公司需要确保用户能够正常访问网页,不受广告拦截器的影响[1] 行业相关 无相关内容

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...

Shares of Nike (NKE, Financial) fell 6.31% after the company reported its third-quarter earnings results. The company's constant currency revenue declined 9%, missing analyst expectations. This led to Nike withdrawing its FY2025 guidance and postponing its Investor Day event. The company cited moderated revenue expectations due to trends in Nike Digital traffic, retail sales, and final order books for spring.As of the latest data, Nike Inc (NKE, Financial) is trading at $83.51 per share. The stock has a mar ...

NIKE Inc. (NKE) reported mixed first-quarter fiscal 2025 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed. However, revenues and earnings per share (EPS) fell year over year. The company’s EPS of 70 cents declined 26% from the year-ago quarter. However, the figure beat the Zacks Consensus Estimate of 52 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of the Swoosh brand owner declined 10% year over year to $11.59 billion and m ...

NIKE (NKE, Financial) continues to struggle in its comeback attempt, as shown by its weak 1Q25 earnings report. Although the company exceeded EPS estimates for the fifth consecutive quarter, aided by cost-cutting measures and a 120-bps year-over-year improvement in gross margin, sales dropped by 10.4% to $11.59 billion, missing expectations and marking its worst sales decline since 4Q20.The company did not provide an updated outlook for FY25, citing the upcoming CEO transition on October 14. This suggests t ...

文章核心观点 - 耐克公司最近公布的财报显示,其第一季度收入和利润均低于预期,导致股价下跌 [1][3] - 耐克公司推迟了原定的投资者日活动,并撤回了全年财务指引,给投资者带来了不确定性 [2] - 耐克公司的业务仍处于下行趋势,收入和毛利率都呈现下滑 [4] 根据相关目录分别进行总结 财务数据 - 耐克公司第一季度净利润为11亿美元,同比下降28% [2] - 第一季度收入为116亿美元,同比下降10%,略低于预期 [3] - 原本预期全年收入将下降中个位数百分比,但现在预期收入下滑幅度将超出此前预期 [4] - 原本预期毛利率将有所改善,但现在预期毛利率将继续下降 [4] 公司动态 - 耐克公司新任CEO艾略特·希尔将在两周后正式上任,公司推迟了原定的投资者日活动,给投资者带来了不确定性 [2] - 耐克公司面临一些不利因素,新任CEO需要制定稳定业务并重拾市场份额的计划 [4]

Nike Inc's NKE first-quarter financial results showed that a turnaround by incoming CEO Elliot Hill could take longer than expected and come with increasing challenges, according to analysts.The Nike Analysts: RBC Capital analyst Piral Dadhania maintained a Sector Perform rating and lowered the price target from $85 to $82.Truist analyst Joseph Civello maintained a Hold rating and lowered the price target from $85 to $83.Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating with a price targ ...