Nike stock: Investor sentiment is bottoming, says Truist

Nike's CEO Elliot Hill implements a turnaround strategy facing short-term challenges, with projections for revenue decline but potential growth by 2026, according to Truist's analysis.

Nike downgraded as turnaround path to take longer to execute

Nike downgraded to Market Perform by Telsey Advisory Group after earnings call, with challenges in turnaround efforts and inventory concerns impacting sales and margins.

FedEx, Eli Lilly, Occidental rise premarket; Nike, Novo Nordisk fall

Futures hit by government shutdown fears ahead of inflation data

U.S. stock futures fell amid concerns of a government shutdown and inflation, as traders awaited key economic reports and faced uncertainty in the market.

Nike's new CEO plans to go back to basics in brand overhaul effort

Nike's new CEO Elliott Hill acknowledges a tough path ahead for sales recovery, focusing on core sports and premium pricing amid declining market share and profit expectations.

PCE index, US government shutdown, EU trade war - what's moving markets

Wall Street is expected to open lower due to inflation concerns, potential government shutdown, and Trump's tariff threats against the EU.

Nike results beat low expectations; CEO warns turnaround will be a slog

After-hours movers: FedEx, Nike, U.S. Steel and more

FedEx and Nike saw significant stock increases after positive announcements, while U.S. Steel's stock fell due to lowered earnings guidance.

Nike Q2 results top estimates

Nike's Q2 earnings beat estimates with EPS of $0.78 on $12.4B revenue, despite a sales decline fueled by increased discounts and weak performance in China.

Nike earnings beat by $0.13, revenue topped estimates

Nike's Q2 earnings exceeded estimates, with EPS at $0.78 and revenue at $12.4B. Stock down 10.89% in 3 months, 36.51% in 12 months.