Expectations were low coming into Nike's (NKE -3.44%) fiscal first-quarter earnings report on Tuesday. The Swoosh had promised an improvement after revenue in its previous quarter tumbled 10%, but it still expected a decline.
Nike (NKE -3.44%) shares rallied after the sneaker and apparel maker's fiscal first-quarter results showed some signs of a potential turnaround. The stock, however, is still down slightly on the year and has fallen by more than 40% over the past five years.
NIKE is showing early signs of a turnaround, driven by its Win Now and Sport Offense strategies, with Q1'26 results beating expectations. NKE posted revenue growth in North America and EMEA, and the Running segment surged 20% YoY, signaling momentum from its new organizational model. Valuation metrics suggest NKE is undervalued, as forward P/E ratios do not reflect anticipated revenue growth an...
Nike's NYSE: NKE turnaround has been brewing for several quarters and may now be at hand. The FQ1 report revealed green shoots despite ongoing headwinds and aligns with an outlook for additional improvement, a return to growth, and a rebound in share prices.
Nike (NKE 0.46%) is starting to show signs of a rebound. The athletic apparel giant -- whose portfolio includes Nike, Jordan, and Converse -- this week reported a small return to revenue growth in its first quarter of fiscal 2026 after several tough periods.
KeyBanc upgraded Nike to overweight from sector weight with a 90 price target. Nike's latest quarterly report showed continued progress on its turnaround plan.
Lululemon Athletica (LULU -0.16%) and Nike (NKE 6.17%) are two iconic, well-known apparel brands. They're popular with young consumers, and many buyers stick with the brands for years.
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