Nike is set to report its Q4 2026 earnings on June 30, with analysts expecting revenue of $10.85 billion, a 2% year-over-year decline, and earnings per share of $0.13, down 7%. Operating income is also forecasted to drop 21% to $253 million. The company has shown no revenue growth in the past 10 quarters, raising concerns about its growth prospects. Investors will closely watch the guidance for fiscal 2027, with potential positive impact from the upcoming soccer World Cup in Q1 2027.
Tesla revealed its long-delayed next-generation Roadster prototype, set for production in 2028, marking its last human-driven car. Apple and Meta announced a collaboration allowing Meta's AI model Muse Spark to run on Apple's high-end Macs, signaling...
Nike announced plans to expand its presence in India by opening a new global campus in Bengaluru, aiming to tap into the country's growing sports market and manufacturing capabilities. This move is part of Nike's broader strategy to recover from a pr...
Nike has raised its dividend for 24 consecutive years, but this streak is at risk due to a shrinking business and free cash flow that no longer fully covers dividend payments. The company’s dividend yield is high at 4.48%, partly because its stock pr...
Shares of Nike jumped 5% amid a market rotation away from AI and tech stocks toward consumer discretionary names that have been underperforming. Lululemon also rose 4%, while On Holding lagged slightly. Nike's recent earnings showed mixed results wit...
