Nike stock falls, as executives say Q4 results ‘highlighted challenges’ with demand

Date:

June 27, 2024

Shares of Nike Inc. fell after hours on Thursday after the sneaker maker reported quarterly sales that missed Wall Street’s estimates, saying the results “highlighted challenges” that led the company to adjust its outlook for the fiscal year ahead.

Source link

EVs fare poorly in J.D. Power quality survey; Ram and Porsche top the rankings

Daily multivitamins might not help you live longer, study finds: 'No differences in mortality'

Alexandra Williams

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

Nike stock falls, as executives say Q4 results ‘highlighted challenges’ with demand

Recent posts

Bud Light sales extend their drop but Michelob Ultra takes up some slack: report

Cost of shorting Carl Icahn company’s stock has spiked since billionaire’s SEC settlement

RFK Jr. would rattle health markets as head of HHS, but his confirmation is far from certain, analyst says

After falling quarterly sales, Mattel says next year will be better

Hims & Hers shares rally on results, but execs say GLP-1 drug shortage ‘is not abating’

Macy’s stock tumbles after takeover talks with Arkhouse and Brigade were ended

Reddit reports second-quarter revenue beat and narrower-than-expected loss

DexCom’s stock is headed for its worst selloff ever. Not everyone thinks it’s justified.

Natural-gas prices dropped 11% this week. Beryl may fuel further losses.

Quanta Services pays $1.54 billion for data center infrastructure company

Amazon Prime Video’s ad event beat targets. That’s good news for the stock, says BofA.

Icahn Enterprises says class-action suit following report by short seller Hindenburg Research has been thrown out

Disney’s slowing park attendance will weigh on the stock for the next 12 to 18 months, analysts say

WeightWatchers’ stock soars after adding compounded GLP-1 treatment to its offering

Bronfman boosts last-minute offer for National Amusements and Paramount, WSJ reports

Related articles

Biden needs to push through promised student-loan relief before Trump returns to White House, powerful Democrat warns

Why natural-gas prices have rallied 18% this week to a one-year high

Here’s Larry Summers’ advice to Trump on the economy and Elon Musk

Trump’s choice of Dr. Oz to oversee Medicare and Medicaid could be ‘devastating’ for millions of Americans

Buy gold after its pullbacks — because it may hit $3,000 in 2025

Bitcoin sits near record high. More good news for investors: It’s now less volatile.

RFK Jr. may start a food and drug ‘culture war.’ Investors are running for cover.

Here’s what bond and gold traders are signaling about Russia’s nuclear shift

Company

Follow us