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The Latest Breaking News from NIke

Be a Contrarian and Load Up on Nike Stock on the Dip as the Payoffs Get Attractive

Nike stock is slumping today after yet another disappointing earnings report. With the stock now falling towards $30 levels, it looks like a good contrarian buy for patient investors

Barchart · Oct 4

Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunities

During his visit to the United States, Piyush Goyal held meetings with executives from several major American companies. The discussions focused on expanding investment and manufacturing opportunities within India under the Make in India initiative. Goyal highlighted the rising potential of India's consumer market as a strong base for global…

The Economic Times · Oct 3

Nike vs. Starbucks: One Beaten-Down Icon Is Primed for an Explosive Rebound

One has a higher yield and lower valuation, but the other seems to have a safer path to a comeback.

Barchart · Oct 2

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Nike stock chart forms a 'Jumpman' after shares plunge - why is NKE down and the story behind Michael Jordan’s iconic logo

Nike’s stock chart has sparked a joke after commentator Trung Phan said its recent decline created a “Jumpman formation.” The comparison comes as Nike struggles with falling revenue, weakness in China and pressure on Jordan Brand. Here’s what’s behind the stock slide and the Jumpman logo’s history.

The Economic Times · Oct 2

NKE Stock Layoffs: What to Know About the Latest Nike Job Cuts

Nike says job cuts will likely continue in 2027. Bernstein remains bullish on NKE shares despite the company’s disappointing fiscal Q1 release.

Barchart · Oct 2

Nike Stock Sinks as Sales Pressure Mounts. Its $2.5 Billion Cost-Cutting Is Set To Bring More Layoffs.

The company reported declining quarterly sales and laid out a weaker-than-expected outlook.

International Business Times · Oct 2

Nike Plans More Job Cuts as Sales Forecast Slumps Amid $2.5B Restructuring

Nike's Pace restructuring will cut roles from 2027 and target $2.5B in savings through 2031, as the sportswear giant forecasts falling annual sales.

International Business Times UK · Oct 2

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Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast

US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to the positive market sentiment. Notable gains were observed in semiconductor stocks, with Nvidia reaching an intraday record high. Nike's shares fell due to forecasts of…

The Economic Times · Oct 2

Nike's struggles test investor confidence in CEO Hill's turnaround effort

Nike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to rebuild relationships with retailers and focus on sports products, revenue continues to decline. The company announced job cuts and projected further declines in sales and profit for the upcoming…

The Economic Times · Oct 2

Nike lays a big long-term bet on India with new Bengaluru campus to serve athletes and drive growth

Nike Inc plans to open a new campus in Bengaluru by FY28 to strengthen its operations in India. This campus will be crucial for supporting Nike, Jordan, and Converse brands. The decision is part of Nike's broader strategy to enhance global growth and manufacturing capabilities. The location of the campus…

The Economic Times · Oct 2

Nike stock plunges after shocking earnings report, company plans lay offs

Nike earnings statement shows that the company projected sales in the current fiscal year would fall by "high-single digits". Nike reported a two percent drop in quarterly profits to $712 million. Revenues fell four percent to $11.2 billion for the quarter ending August 31, the first quarter of Nike's fiscal…

The Economic Times · Oct 1

Nike stock falls after revenue miss, NKE forecasts 2027 revenue decline and announces layoffs - here's what investors need to know

Nike stock after NKE earnings: Nike stock is down after the company reported a quarterly revenue miss and forecast a high-single-digit revenue decline for fiscal 2027. Nike also announced layoffs as part of a restructuring plan expected to generate about $2.5 billion in savings through fiscal 2031.

The Economic Times · Oct 1

Why Bank of America Is Betting That Nike Stock Will Fall from Here

Nike’s turnaround is losing steam as Bank of America warns that weak sales, margin pressure, and a delayed recovery could drag NKE stock lower.

Barchart · Oct 1

Gold Jordans donated to Oregon shelter were made for Spike Lee, sold for $50,800

A pair of striking gold Nike Air Jordan 3 sneakers ended up in a donation bin at the Portland Rescue Mission in Oregon in 2023, where staff initially suspected they were counterfeit. The shoes had been anonymously donated and were discovered by James Free, a man participating in the shelter's…

The Times of India · Oct 1

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Sports Illustrated · Sep 30

Inside the Making of Caitlin Clark’s Signature Sneaker With Nike’s Lead Caitlin 1 Designer

Caitlin Clark’s first sneaker hits shelves this week and it’s just as much about who she is as a person as it is her flashy playing style.

Barchart · Sep 30

Dear Nike Stock Fans, Mark Your Calendars for Oct. 1

Nike’s Oct. 1 earnings will test whether its turnaround is gaining traction despite weak demand and China woes.

Barchart · Sep 29

Wall Street Is Giving Up on Nike. How to Play NKE Ahead of Q1 Earnings

Nike stock is set to release its fiscal Q1 2027 earnings later this week. Analysts are mostly bearish on NKE heading into the report.

Fortune · Sep 29

He was Disney's most junior employee when he rewrote the CEO's op-ed. Now he's a CEO, with advice for Gen Z: ‘Don't really ask for permission’

Funko CEO Josh Simon’s first job was working under Disney’s Michael Eisner, where taking a risk taught him a career lesson he still carries today.

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International Business Times UK · Sep 29

Nike's Phil Knight Gives $1B to University of Oregon to Launch Its First Undergraduate Engineering Programme

Nike co-founder Phil Knight and wife Penny commit $1B to the University of Oregon's first undergraduate engineering college, the Knight College.

Barchart · Sep 28

Ahead of Nike Earnings, Here's What Barchart Data Says Comes Next for NKE Stock

Nike is set to report its fiscal Q1 earnings on Oct. 1. Options traders remain bullish on NKE shares heading into the quarterly print.

The Economic Times · Sep 28

Nike co-founder Phil Knight gives alma mater University of Oregon $1 billion, biggest-ever public university gift after unscheduled call

Phil Knight and his wife, Penny, have recently pledged $1 billion to the University of Oregon. This donation is intended for the establishment of a new engineering school in Eugene, focusing on bioengineering and high-demand disciplines. This is Phil Knight's largest known donation to a public flagship university which came…

The Economic Times · Sep 28

Tom Brady left Nike for a company 20 times smaller but the money deal had an unusual catch

Tom Brady went in a different direction after his Nike deal ended. He signed with Under Armour instead. At the time, the company was much smaller and still trying to compete with the biggest names in the sportswear business.

Barchart · Sep 28

NIKE’s Q1 2027 Earnings: What to Expect

NIKE is set to report its Q1 earnings soon, with analysts expecting a double-digit year-over-year decline in EPS.

Barchart · Sep 27

Employment, GDP and Other Key Things to Watch this Week

Markets face a data-intensive final week of Q3 with Wednesday delivering six major releases and Friday concluding with September jobs report.

The Times of India · Sep 26

A rubber hose inspired this footwear brand in 2010; 16 years later, Kylian Mbappé has joined its $10B empire

On, the Swiss footwear brand renowned for its cutting-edge running shoe technology, has successfully broadened its horizons into lifestyle sports and apparel, leading to its public listing. Recently, star footballer Kylian Mbappé joined forces with On, enabling him to influence product creation and strategies for their upcoming football division, with…

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