Previous close | 0.9900 |
Open | 0.7300 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 106.00 |
Expiry date | 2024-07-12 |
Day's range | 0.7300 - 1.0400 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Nike's earnings report comes as the stock has slumped over the past year amid slowing sales growth.
Nike (NKE) will be reporting fiscal fourth-quarter earnings results after the closing bell on Thursday. How scared are Nike investors of a spending slowdown by consumers? The activewear stock is down nearly 12% year-to-date in 2024. Yahoo Finance Markets Reporter Josh Schafer breaks down Wall Street's sales numbers estimates Nike will try to live up to, labeling Nike as another brand that is "protecting [sales], but not being able to really reignite sales." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
(Bloomberg) -- Nike Inc. shares sank after the sneaker company’s full-year outlook missed expectations, reinforcing investor concerns about waning demand and ground lost to German rival Adidas AG.Most Read from BloombergBiden Struggles as He Spars With Trump on Economy: Debate TakeawaysBiden’s Disastrous Debate Accelerates Doubts Over CandidacySupreme Court Poised to Allow Emergency Abortions in IdahoBiden Struggles Against Trump in High-Stakes 2024 DebateSpaceX Tender Offer Said to Value Compan