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Nike (NKE -5.37%) beat earnings and revenue expectations in its fiscal third quarter. But despite this win, shares dropped sharply after the report.
If you're a Nike (NKE -5.37%) investor, it wouldn't be surprising if you had a growing sense of frustration owning the stock. After all, it's well off the highs of over $170 a share it hit back in November 2021, and down more than 30% over the past year.
Nike's (NKE -5.37%) sales are declining in every part of the world as the management team struggles to limit the damage.
We have been seeing some of the early Q1 results in recent days, which have been mixed at best. Soon, the big banks will shift the period into a much higher gear.
Shares in NIKE, Inc. (NYSE: NKE) are falling in early market trading after the company announced its Q3 2025 results yesterday. Currently, NKE shares are down around 8% as investors digest not just the company's most recent earnings results but the statements the shoe giant made about its current Q4, which ends in May.
The sneaker giant has lost 5% of its value so far this year — following a 30% plunge in 2024.
NKE posts better-than-expected results in third-quarter fiscal 2025. Revenues at NIKE Direct were down 12% on a reported basis.
Shares of Nike (NKE -5.16%) fell Friday morning after the sportswear giant delivered another disappointing set of results in its fiscal 2025 third-quarter earnings report Thursday afternoon. Revenue declined, and the company warned that tariffs could slow its recovery, adding to investors' doubts about its turnaround prospects.
Nike Inc NKE analysts provide a cautious tone for the apparel company's turnaround and short-term growth after the company's third-quarter financial results.
Randy Konik, Jefferies analyst, joins 'Money Movers' to discuss Konik's thoughts on Nike, what could power the stock higher in future quarters, and much more.