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August 13, 2024 at 3:26 PM. Shares of Nike (NYSE: NKE) were moving higher today after the sportswear company seemed to benefit from a cooler-than-expected Producer Price Index (PPI) report ...
Nike's financials. The company's latest quarterly results reflect how deeply those earlier strategic mistakes hurt it. In its fiscal 2024, which ended May 31, revenue rose by less than 1% to $51 ...
Why Nike Stock Jumped Today. Nike (NYSE: NKE) stock posted substantial gains in Monday's trading trading. The company's share price ended the daily session up 3%, according to data from S&P Global ...
It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. [ 6 ][ 7 ] The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971.
Fool.com contributor Parkev Tatevosian compares Nike (NYSE: NKE) and Starbucks (NASDAQ: SBUX) to determine the better investment. *Stock prices used were the afternoon prices of July 17, 2024. The ...
Nike recently wrapped up its 2024 fiscal year, and it was an underwhelming one for the business. Revenue of $51.4 billion for the year ended May 31 was up by just 1%. That's not the kind of growth ...
Here are five reasons long-term investors should be scooping up shares of the Swoosh today. 1. Nike still dominates professional sports. Nike's competitive moat starts and ends with its branding ...
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nike wasn’t one of them. The 10 stocks that made the cut could ...