Nike Stock: Dow Giant Withdraws Guidance, Earnings Beat Views …

Oct 2, 2024 · Nike kicked off first-quarter results for fiscal 2025 late Tuesday with an earnings beat, but revenue missed estimates. The Dow Jones athletic shoe and apparel giant in mid …

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Nike Withdraws Guidance, Postpones Investor Day As It ... - NBC …

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Oct 1, 2024 · Nike beat earnings expectations by 18 cents, but it fell short on revenue as it works to fix its product assortment and rework its approach to innovation. Sales dropped to $11.59 …

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Nike Shares Down As Company Withdraws Annual Guidance, …

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Oct 1, 2024 · Nike shares down as company withdraws annual guidance, postpones investor day ... Nike announced earnings per share of $0.70 on revenue of $11.59 billion. Analysts polled …

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NKE Earnings: Nike Posts Mixed Financial Results And Withdraws

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Oct 1, 2024 · Shares of Nike (NKE) fell 5% in extended trading after the sneaker giant reported mixed financial results, withdrew its full-year guidance, and announced that it is postponing its …

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Nike Stock Slides As Company Withdraws Guidance Amid CEO …

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Oct 2, 2024 · Nike stock sank more than 6% on Wednesday after the company reported fiscal first quarter revenue that missed estimates and withdrew its outlook for the year amid a CEO …

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Nike Stock Tanks Pre-Market After Guidance Withdrawal, Investor …

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Oct 2, 2024 · Nike Inc. shares plunged more than 7% in pre-market trading on Wednesday after the sneaker giant withdrew its annual guidance and postponed its investor day event. The …

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Nike Stock Dives On Earnings, Revenue Guidance, As Dow Giant …

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Dec 22, 2023 · Nike executives revised full-year guidance on the Q2 earnings call Thursday evening. The Dow Jones retailer expects fiscal 2024 revenue growing approximately 1% and …

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Stock Market Today: Dow Retreats After Nike Earnings

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Mar 22, 2024 · Indeed, the blue chip stock slid 6.9% to settle at its lowest point since September following the athletic apparel and footwear maker's earnings report. While Nike beat on both …

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Where Will Nike Stock Be In 1 Year? | The Motley Fool

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1 day ago · If Nike's turnaround plans gradually pay off, analysts expect its revenue and earnings to grow 2% and 19%, respectively, in fiscal 2026. But based on those estimates, Nike's stock …

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FAQs about Nike Stock: Dow Giant Withdraws Guidance, Earnings Beat Views … Coupon?

Why did Nike (NKE) fall in postmarket trading?

Nike (NYSE: NKE) fell in postmarket trading on Tuesday after management explained during the earnings conference call that the athletic apparel company was withdrawing its FY25 guidance and delaying its Investor Day event due to the CEO transition that is ongoing. ...

Will Nike's revenue grow in the first quarter?

Nike has reported single-digit revenue growth, or worse, for five straight quarters and Wall Street analysts don't expect that trend to change much in the company's fiscal first quarter. Consensus expectations are for the sports apparel brand to report quarterly revenue of $11.65 billion with earnings per share of $0.52. ...

Why did Nike postpone its Investor Day?

Investing.com -- Nike reported Tuesday mixed fiscal first-quarter results as revenue fell short of analyst estimates and the sportswear giant said it would postpone its investor day amid a leadership transition. Nike Inc (NYSE: NKE) was down more than 3% in afterhours following the report. ...

How did Nike report earnings after the bell?

Nike reported earnings after the bell. Here are the results. Earnings per share: 78 cents vs 63 cents expected, per LSEG consensus estimates. Revenue: $12.35 billion vs $12.13 billion expected by LSEG. Analysts are expecting sales to drop more than 9% from the year-ago period and profits to plunge by about 38%. ...

What happened to Nike stock?

Nike stock is below a fast-falling 50-day line and not far above a 22-month low of 103.46 on May 26. NKE stock has plunged from a record 179.10 on May 5. Shares fell despite Nike announcing a new, four-year $18 billion NKE stock buyback plan. It replaces a $15 billion buyback program that had roughly $6.3 billion remaining. ...

Why did Nike direct's revenue decline in the third quarter?

On a currency neutral basis, Nike Direct's revenue declined year over year for the past three consecutive quarters as its total revenue growth stalled out. It expects its downturn to deepen with a low double-digit revenue decline in the third quarter. Data source: Nike. Currency neutral basis. ...