Nike reported stronger earnings than expected earnings for the fiscal first quarter of 2020 after the close Tuersday with better sales in North America and China with digital sales up 45%. $NKE shares traded up 5.5% to a record high of $92.25.
Nike Earnings Beat But Weaker North American Sales Disappoint
Nike reported stronger earnings than expected after the close Thursday however weaker-than-expected sales in North America during its fiscal third quarter and lower margins than expected saw $NKE shares fall about 4.5% after closing at a record high of $88.01.
Nike Earnings Beat But Tighter Margin Concerns Pressure Stock
Nike reported much stronger earnings than expected after the close Tuesday however lower margins than expected saw $NKE shares fall about 3.5%. Nike has been courting controversery over its controversial advertisement featuring former NFL player Colin Kaepernick.
Nike Leaps as North American Earnings Recover, Announces $15 Billion Buyback
Nike reported much stronger earnings than expected after the close Thursday. $NKE shares spiked 6% higher on a recovery in the North American segment, a $15 billion share buyback with strong guidance going forward.
Nike Sidesteps Controversy With Strong Earnings and Outlook
Nike reported much stronger earnings than expected after the close Thursday. $NKE shook off controversary and concerns over Adidas growth in the U.S. with strong guidance going forward.
Nike Earnings To Get Holiday Lift Despite NFL Controversy
Nike $NKE reports earnings after the close Thursday, one of the last for 2017. Nike shares were hurt earlier by the falling popularity of NFL but have since recovered on better than expected Foot Locker $FL sales.
Sportswear Retailer Foot Locker $FL Crushed 21% After Earnings Miss
Foot Looker $FL has followed fellow sporting goods retailer Dicks Sporting Goods with a distastrous second quarter earnings report sending the stock down 21% premarket. FL missing expectations by 28 cents. Online retailing hitting sales.
Dick’s Sporting Goods Shares $DKS Collapse 18% on Profit Warning
Dick’s Sporting Goods $DKS reported second-quarter earning before the market Tuesday premarket that missed estimates, and issued a profit warning. The stock has collapsed 18% in early trading.