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NIKE, Inc. (NKE)

NYSE - NYSE Delayed price. Currency in USD
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95.74+0.90 (+0.95%)
At close: 04:00PM EDT
95.40 -0.34 (-0.36%)
Pre-market: 07:57AM EDT
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  • Insider Monkey

    Here’s Why Nike (NKE) Fell in Q1

    Polen Capital, an investment management company, released its “Polen Focus Growth Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. The US stock market started 2024 optimistically. In the first quarter, the fund returned 8.29% (gross) and 8.09% (net) compared to 11.41% for the Russell 1000 Growth Index and […]

  • Benzinga

    Still-In-The-Woods Adidas Provides Glimpse Of Recovery With A Lifted Guidance

    In an unscheduled announcement, Adidas AG (OTC: ADDYY) (OTC: ADDDF) raised its 2024 profit outlook after a better than expected first quarter. The good news come a month after the German sportswear giant posted its first annual loss in more than three decades and warned sales in North America will fall again due to the struggle of U.S. retailers with high inventory levels. Adidas has also been battling to restore its vitality after a costly split from Kanye West in October 2022 and suspending sa

  • Barrons.com

    Adidas Beat Nike in the First Quarter, Warburg Says

    Adidas's strong first-quarter figures suggest sales at the German sneaker and sports-apparel maker grew faster than at rival Nike, Warburg Research analyst Joerg Philipp Frey says in a research note. The company raised its guidance for the full year after first-quarter sales grew 8% excluding currency movements, outgrowing Nike by about eight percentage points, Warburg said. The first-quarter performance and expectations that currency headwinds will abate somewhat and that its product mix will have positive effects in the second half give Warburg confidence that Adidas's gross margin will substantially beat expectations, the analyst says.