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For Nike, Inc. (NYSE: NKE), fiscal 2025 has been a challenging year, marked by persistent weakness in quarterly revenue performance and profitability. As the company prepares to report its first-quarter results, estimates suggest that the slowdown extended into the early months of fiscal 2026. The sneaker giant has embarked on a company-wide transformation focused on … Read more
Nike and StockX have finally wrapped up a lawsuit that’s been running since 2022. Filed in a New York federal court, both sides agreed to drop the case with prejudice, meaning it is officially over and cannot be reopened. The details of the agreement are staying private, but the message is clear: both companies are … Read more
A Nike store in Hanoi, Vietnam, on July 3, 2025. Nhac Nguyen | Afp | Getty Images Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff. … Read more
Members of Gen Alpha are too young to drive themselves to a store or open up a credit card in their own names—but that hasn’t stopped them from spending nearly as much as the gross domestic product of Bulgaria. The youngest generation, born between 2010 and now, has eclipsed $100 billion in direct spending power … Read more
Donahoe will become the school’s eighth athletic director and replace Bernard Muir, who stepped down this year. He will officially begin in the role Sept. 8. “Stanford occupies a unique place in the national athletics landscape,” school president Jon Levin said in a statement. “We needed a distinctive leader — someone with the vision, judgment, … Read more
Only six years ago, Gap Inc was telling investors that its Athleta yoga clothing brand was on its way to becoming a $2 billion-a-year brand as it attracted legions of fans drawn to its high quality, hip activewear that was less expensive than that of Lululemon Athletica. But that was two CEOs ago. Gap Inc, … Read more
Nike’s (NYSE: NKE) stock rallied after the sneaker giant reported stronger-than-expected fourth-quarter results last week. However, the numbers declined year-over-year as the company continued to experience sales slowdown across major markets and operating segments. The management is relying on its Win Now actions to drive the business turnaround. After recent gains, NKE is trading close … Read more
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he expects a better fiscal year ahead, albeit one that begins with a tariff-fueled cost increase estimated at $1 billion. Nike leadership braced investors for tariff-fueled cost increases and smaller margins during the sportswear company’s Q4 … Read more
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better-than-feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on key Nike … Read more
Sneaker giant Nike, Inc. (NYSE: NKE) is set to report fourth-quarter earnings today after the closing bell. The company’s stock traded higher ahead of the announcement on Thursday. Listen to Nike’s Q4 2025 earnings call live and read the real-time transcript As per analysts, Nike is estimated to have generated earnings of $0.12 per share … Read more
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