Santiago - Delayed Quote ? USD NIKE, Inc. (NKE.SN) Follow Compare 88.53 0.00 (0.00%) At close: September 30 at 1:05 PM GMT-3 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Inside $1 billion Nike rival Brooks Brooks Running may not be nearly as large as Nike (NKE) or New Balance, but that doesn’t mean its impact on the sneaker industry isn’t still strong. The company – founded in the early 1900s to sell ballet slippers and bathing shoes – continues to be the top sneaker choice for serious runners. To maintain its pole position in running, Brooks has released a host of new innovations, such as the Glycerin Max Road Shoe for a pricey $200. But fending off upstarts such as On (ONON) and to a lesser extent, Decker’s Outdoor (DECK) owned Hoka won’t be easy. A resurgence at struggling Nike under new CEO Elliott Hill may also pose a risk. Yahoo Finance executive editor Brian Sozzi sits down with new Brooks Running CEO Dan Sheridan inside the Nasdaq Marketsite in Times Square ahead of the New York City Marathon. Sheridan reveals his vision for Brooks Running a few months into the top job and what Nike’s many stumbles have meant to the company’s growth. The long-time Brooks executive also shares what it’s like to be owned by Warren Buffett’s Berkshire Hathaway (BRK-B, BRK-A). For full episodes of Opening Bid, watch on our website or listen on your favorite podcast platform. Yahoo Finance Video ? yesterday BRK-B NKE NIKE, Inc. Appoints Long-Time Leaders Ann Miller as EVP, Global Sports Marketing and Rob Leinwand as EVP, Chief Legal Officer BEAVERTON, Ore., October 30, 2024--NIKE, Inc. (NYSE: NKE) today announced changes in its Senior Leadership Team (SLT), positioning the company for continued growth and success with a focus on putting sport and athletes at the forefront and driving speed and efficiency. Business Wire ? 2 days ago NKE These Are The Best Robinhood Stocks To Buy Or Watch Now Buying a stock is easy, but purchasing the right one without a proven strategy is incredibly hard. Here are the best Robinhood stocks to buy now. Investor's Business Daily ? 2 days ago UBER NKE GOOGL Fast Running IBD Stock Of The Day Gives Investors A Chance To Catch Up The stock, which has surged 90% in 2024, broke a downtrend on Friday giving an investors a buying opportunity. Investor's Business Daily ? 7 days ago ONON SKX CROX Deckers stock jumps on Hoka and Ugg-fueled earnings beat Deckers Outdoors (DECK) shares are trading higher after the apparel company delivered a beat and a raise. Market Domination Hosts Julie Hyman and Josh Schafer take a look at the Ugg and Hoka parent company as well as other shoe company stocks that are on the move like Skechers (SKX) and ON (ONON). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 7 days ago DECK ON LULU 'I was an eBay top power seller — it landed me a job as their head of sneakers' Wahaaj Shabbir is eBay UK’s head of sneakers, where a pair is sold every five seconds on the platform. Yahoo Finance UK ? 8 days ago EBAY AMZN UBER Why TKO is acquiring Professional Bull Riders Yahoo Finance Sports Report Host Joe Pompliano joins Josh Lipton on Asking for a Trend to break down the top stories in the global multibillion-dollar sports industry, including TKO's (TKO) acquisition of Professional Bull Riders from Endeavor (EDR) and the WNBA opting out of their collective bargaining agreement. To watch the first episode of the Yahoo Finance Sports Report with former Nike (NKE) executive Jordan Rogers, click here. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Naomi Buchanan. Editor's note: This post and headline were updated to more accurately reflect the story. Yahoo Finance Video ? 8 days ago NKE TKO EDR Nike's future, World Series banks big bucks: YF Sports Report There is a ton of money surrounding the 2024 World Series. With the Los Angeles Dodgers and New York Yankees kicking off the coveted playoff series this Friday night on Fox (FOX), the hype over both teams is sure to generate plenty of buzz (and revenue) for the network as well as the MLB. This week on Yahoo Finance Sports Report, host Joe Pompliano goes in-depth about the World Series and why, specifically, the Dodgers vs. Yankees match will likely bring in massive numbers. Not only do these teams have the two highest payrolls in the MLB, but they also play in the two largest media markets in the country (Los Angeles and New York City), and have two of the most famous players in the world in Aaron Judge and Shohei Ohtani. “If you’re Major League Baseball or Fox Sports, who is going to be broadcasting this World Series, you could not be happier with the outcome,” Pompliano says. Plus, we've got Jordan Rogers, a sports marketer, joining the show later to discuss the new landscape over at Nike (NKE) with its latest leadership changes, what it means for the sportswear brand, and how it could impact your portfolio. Yahoo Finance Sports Report with Joe Pompliano, a vodcast brought to you by Yahoo Finance and Yahoo Sports, looks beyond the latest sports business headlines, analyzes all the need-to-know news - the teams, trades, and billion dollar deals - so you and your portfolio will win BIG. Yahoo Finance Sports Report is developed and produced by Lauren Pokedoff. Yahoo Finance Video ? 8 days ago NKE Nike extends WNBA, NBA partnerships for another 12 seasons Nike (NKE) has announced an extension of its partnerships with the National Basketball Association (NBA) and the Women's National Basketball Association (WNBA), committing to another 12 seasons as the leagues' official apparel provider. This move follows Elliot Hill's takeover as CEO last week — a key development in the company's turnaround efforts. Yahoo Finance Senior Reporter Brooke DiPalma details the importance of these partnerships, discussing how they will help support Nike's position in the athletic apparel market. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 11 days ago NKE Estimating The Intrinsic Value Of NIKE, Inc. (NYSE:NKE) Key Insights Using the 2 Stage Free Cash Flow to Equity, NIKE fair value estimate is US$73.12 NIKE's US$81.48 share... Simply Wall St. ? 11 days ago NKE Nike's new CEO talks 12-year deal with NBA, WNBA as the sports giant attempts a turnaround The Nike veteran announced his first big deal after taking the helm last Monday. Yahoo Finance ? 11 days ago NKE ADDDF ADDYY Nike Extends NBA, WNBA Outfitting Partnership The extension comes at a critical time. The company earlier this month withdrew its full-year guidance and postponed its first investor day in seven years. The Wall Street Journal ? 11 days ago NKE NIKE, Inc. Signs Historic Partnership Extension With NBA, WNBA and NBA G League Through 2037 NEW YORK, October 21, 2024--NIKE, Inc. (NYSE: NKE), the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA) today announced a 12-year extension of their global outfitting, merchandising, marketing and content partnership that solidifies NIKE, Inc. as the leader in global basketball and as the exclusive on-court uniform and apparel provider for the NBA, WNBA and NBA G League. Business Wire ? 11 days ago NKE What Does NIKE, Inc.'s (NYSE:NKE) Share Price Indicate? NIKE, Inc. ( NYSE:NKE ) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE... Simply Wall St. ? 15 days ago NKE Resale market is 'super dynamic' ahead of holidays: StockX CEO Consumers are flocking to online resale marketplace StockX to find the latest and greatest offerings from vintage sneakerheads, streetwear sellers, and all other sorts of collectors. StockX CEO Scott Cutler sits down with Brad Smith on Wealth! to discuss trends in the resale space and what they are indicating about consumer behavior heading into the holiday shopping season. “We're obviously in a challenging macro environment, but I think things are positive going forward. We've had four years of interest rates increasing inflation, and now I think as consumers are looking forward, it's much more optimistic,” Cutler says. Cutler calls the state of the resale market as "super dynamic," noting tremendous shifts in market share in 2024. "And you see this also reflected in the public markets. On the one side, you've got the challenges associated with Nike (NKE), which has really been driven by restocks, oversupply, [and] a lack of innovation. But if you look at the price performance in the resale markets as well as market share gains, where is it happening? Adidas (ADDYY), Asics (ASCCY), Deckers (DECK), which is Hoka and Uggs, and Crocs (CROX).” Cutler says that StockX reflects the dynamics of the resale market in its digital marketplace, with resellers “finding opportunities between wholesale and retail” to offer attractive prices for buyers. “In the catalog of StockX, we've got hundreds of thousands of product pages across multiple categories in sneakers, shoes, electronics, collectibles, apparel, [and] accessories. And so I think if you're a seller, you're really looking for those opportunities for products that you really think customers will be positioned to buy," he tells Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 15 days ago DECK ADDDF ADDYY Retail investing: Finding value in TJX and Nike BMO Capital Markets managing director Simeon Siegel sits down with Julie Hyman and Josh Lipton on Market Domination to discuss how investors should be trading retail stocks like TJX Companies (TJX) and Nike (NKE). Siegel highlights that the TJ Maxx parent company is a disruptor in its own right, given its gains as consumers prioritize value. TJX is “stealing the volume from department stores. Their revenues came from somewhere they literally disrupted” by offering consumers quality at a value during a time when that’s what shoppers are looking for. The analyst says the company has successfully marketed its stores as a treasure hunt. “If you go there, you put in enough time, you'll be able to walk out with something that's special, and you're not going to be expected to be waited on” like you would at more high-end retailers. “This idea of understanding when you're offering your consumer what they want and not more and not less, it sounds so simplistic, but it's important.” Siegel shares his perspective on Nike as the athletic wear company has been in focus with its new CEO, Elliott Hill, kicking off his tenure. The analyst says “Counterintuitively, why is Elliott Hill the best person for this job? Because the three of us didn't know his name before he was in the running. Nike is a $50 billion business that's supposed to empower all the teams…there's no singular person that's going to do that.” “The reality is [former Nike CEO] Mark Parker had a phenomenal run at the helm of this company, and most people, most consumers, don't know his name. And that's not a problem. That's that's not a bug. That's a feature.” Siegel notes that despite the new CEO’s lack of name recognition, Hill has deep ties to the brand, having started with the company as an intern. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan Yahoo Finance Video ? 17 days ago NKE TJX Nike has 'one more shoe to drop' before expectations reset Nike's (NKE) new chief executive Elliott Hill has been assumed to be a beacon of hope and change for the athletic apparel giant. Hill took the mantle of CEO and president on Monday with Barclays Consumer Discretionary Analyst Adrienne Yih believing his leadership will be a major morale boost for Nike employees. In this segment, Yih explains to Yahoo Finance what kind of time horizon Nike R&D can adopt in order to overhaul and innovate some of its most successful brands. "Even if he [Hill] has to come out and wipe out the guidance or take away guidance while he figures out what's going on, I think the best strategic action right now is to frankly take guidance away," Yih tells the Morning Brief's Brad Smith. "And let the Street figure out what's going on. And then as you define these different, you know, milestones, then you can bring back that guidance." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 18 days ago NKE This is the 'million dollar question' for the new Nike CEO Elliott Hill is officially assuming the mantle as Nike (NKE) CEO and president on Monday after the ousting of John Donahoe. Nike shares have fallen by 25% year-to-date in 2024. What can Hill bring to the table and turn things around for the sportswear giant? Barclays Consumer Discretionary Analyst Adrienne Yih speaks with Seana Smith and Brad Smith on the Morning Brief to outline the brand objectives Hill should prioritize. "The number one thing he does is honestly, it's to build, rebuild morale. So all the things that are listed as the clinical turnaround things — clean up the inventory, get back into wholesale, innovate — we've all been talking about those for probably the past two years under the John Donahoe kind of leadership," Yih explains. "So we know what those are. But the people who are going to do those three things are the entire organization... Rebuilding those partnerships with their wholesale channel." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 19 days ago NKE 3 things the new Nike CEO must do to revive the brand Athletic apparel giant Nike (NKE) ushers in a new era as former executive Elliott Hill returns to take the reins as president and CEO today. His mission is to revitalize the iconic brand and restore its powerhouse status. But what steps must Hill take to breathe new life into this household name? Yahoo Finance Executive Editor Brian Sozzi breaks down the challenge ahead, outlining the top three priorities Hill must address to run Nike successfully. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 19 days ago NKE China risks its own lost decade like Japan, warns CEO of alcohol giant Suntory Holdings CEO Takeshi Niinami plans to stick it out in China with the selling of alcohol despite economic challenges. Yahoo Finance ? 19 days ago TAP TAP-A SAM Performance Overview Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return NKE.SN S&P 500 YTD -22.45% +20.10% 1-Year -6.01% +36.60% 3-Year -44.42% +24.39%
