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- Yahoo Finance Video
Nike Q4 earnings out after the bell: What will sales tell us?
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.
- Yahoo Finance Video
Salesforce meeting, Nike earnings, pres. debate: What to watch
Salesforce (CRM) will hold its annual shareholders meeting on Thursday. The meeting's agenda includes electing new board members. Multiple earnings reports will be released for companies including Nike (NKE), McCormick (MKC), and Walgreens (WBA). The US Department of Labor will issue initial jobless claims data for the week of June 22. Current estimates place the figure at 235,000 versus May's 238,000 claims. The first 2024 presidential debate between Joe Biden and Donald Trump will occur on CNN at 9 p.m. EST. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Investor's Business DailyNike Stock Retreats As Q4 Revenue Falls Short
Nike stock tumbled late Thursday after the Dow Jones athletic retailer reported fourth-quarter results. Sales came in short of forecasts.
