Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth

Date:

March 21, 2024

Shares of Nike Inc. rose after hours on Thursday, after the sneaker maker reported fiscal third-quarter results that beat expectations and management said it was “encouraged” by the company’s efforts to focus on newer products and deliver better growth.

Source link

17 Trellis Ideas to Turn Your Yard into a Grand Garden

Hoda Kotb Makes Rare Comment About Ex Joel Schiffman 2 Years After Split

Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Nike stock rises after quarterly results beat estimates, amid ‘progress’ on efforts to reignite better growth

Recent posts

The crypto Congress: momentum builds for ‘most significant’ digital asset law in history

Biden gets the blame for U.S. inflation staying higher for longer, but he shouldn’t

SECs Gensler slams media for ‘outsized’ focus on crypto

AMC’s Q1 loss narrows and ‘better times are ahead’ says CEO Adam Aron

Bud Light boycott may be losing steam as beer brand holds on to more store shelf space than expected: analyst

Temu parent PDD’s stock soars as improving consumer sentiment fuels profit beat

After Reddit IPO, clock is ticking on CEO’s ‘strange’ bet on the stock’s performance

Fed’s Jefferson says slowing progress on inflation is ‘a source of concern’

Why gold and silver are down for a third day in a row

Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures

IEA lowers 2024 oil-demand forecast

U.S. trade in goods deficit widens to highest level in ten months in February

Zillow forecasts slower second quarter, amid caution among first-time buyers and agents

The deadline to receive 2020 stimulus-check money is fast approaching. Here’s how to finally get yours.

Tech investor Jason Palmer vows to deliver ‘conscious capitalism’ in his presidential bid

Related articles

Marriage proposals are still falling but should bottom this year, Signet says

Tommy Bahama maker says shoppers are still ‘more cautious than originally anticipated,’ but cites this improvement

Oil prices edge lower after Monday bounce; OPEC leaves forecasts unchanged

OpenAI taps veteran of Nextdoor, Square as new CFO, raising speculation about IPO

Fed won’t move interest rates next week, but meeting will still be a feast for economists

Possible Trump pick for Treasury lays out 3-point economic plan that calls for deregulation, lower deficit

Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying

Eli Lilly’s Alzheimer’s drug to face safety, dosing scrutiny from FDA advisers

Company

Follow us