Stock Data
$0.26 (0.63%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
FOOTWEAR & ACCESSORIES
Nike Inc is a global leader in athletic footwear, apparel, and equipment, known for its iconic 'Swoosh' logo and innovative products. The company offers a wide range of sports and casual wear, including the popular Jumpman and Converse lines. Beyond shoes and clothing, Nike also produces sports equipment and accessories, such as bags, balls, and eyewear. With a strong presence in both physical stores and digital platforms, Nike caters to a diverse audience, from professional athletes to casual consumers, emphasizing performance and style.
Nike beat EPS by 466% on a $986 million tariff windfall that masked revenue declines in China and digital, with sales slipping 1.1% year over year despite wholesale growth offsetting a 7% Direct collapse.
Nike reports after the bell with investors watching China spending, a key test of whether global consumer strength can hold up in the second half.
Nike and General Mills lead a 16-company earnings week that kicks off Monday with consumer staples and apparel in focus. Watch for margin pressures and spending signals as discretionary retail meets essential household goods.
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