71.13 -0.25 (-0.35%)
After hours: 7:09PM EDT
|Bid||71.13 x 900|
|Ask||71.69 x 3200|
|Day's Range||70.71 - 71.70|
|52 Week Range||50.35 - 71.70|
|PE Ratio (TTM)||30.89|
|Forward Dividend & Yield||0.80 (1.19%)|
|1y Target Est||N/A|
, and I can barely find enough free space inside Allbirds’s Soho store to try on a pair of what the brand proclaims the “world’s most comfortable shoes.” I’ve been on rush-hour subway cars filled with fewer people. While waiting, I fondle a display shoe that looks like a pared-down version of an Adidas Yeezy Boost 350.
Women's sneakers sales increased 37 percent last year, while high heels fell 11 percent during the same period, according to data from The NPD Group. Women have more shoe options across all categories and are increasingly choosing comfort. Rhiannon Anderson has about 50 pairs of high heels in her closet.
There’s a quick but memorable moment in the 1989 movie Back to the Future II where Marty McFly, an American teenager transported decades forward to 2015, encounters a futuristic pair of Nike hightop sneakers. He slips his feet into them, and to his amazement, they automatically cinch, the laces tightening around his feet. For a…
Nike Inc (NYSE:NKE) CEO Mark Parker probably hasn’t slept very well for the past couple of months. It’s not a problem with Nike stock, to be clear. Indeed, Nike managed to reach a record high just a few days ago, and continues to test its ceiling.
Nike Inc. ( NKE) shares have been on a hot streak over the past year, climbing by nearly 35% versus the S&P 500's climb of only 13.4%. Kramer typically buys and holds stocks for a duration of three to five years. Click here for Kramer's bio and his portfolio's holdings. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.
Stocks closed higher Wednesday in a broad advance that made up some of the prior day's sharp losses. Technology and consumer stocks were leaders.
Rising bond yields again pressured stocks in early trading Wednesday. However, U.S. equities were able to shake off the worries and run higher. Here are our top stock trades for Thursday. Top Stock Trades for Tomorrow #1: Macy’s (M)
Major global brands Nike, H&M, Burberry and Gap have signed up to an initiative that aims to improve the industry's record on sustainability after a study found less than one percent of clothing is recycled. The Ellen MacArthur Foundation, set up by the record-breaking sailor, announced on Wednesday that the brands were joining its Make Fashion Circular scheme to reduce global waste from fashion by recycling raw materials and products.
Nike Inc.’s investors are keeping the faith in the wake of a misconduct scandal that’s seen several executives depart. The stock got a boost from Macy’s Inc., a Nike customer, that lifted much of the retail and apparel industry after reporting first-quarter sales that topped estimates and raised its full-year profit guidance. Nike made its review of executive behavior public in March with the ouster of Trevor Edwards, who was president of the Nike brand and one of the favorites to eventually replace Chief Executive Officer Mark Parker.
Two major changes to the Pershing Square portfolio this quarter included one liquidation and one new position entered. Ackman sold off Nike Inc. ( NKE), exiting the position that formerly occupied about 6.22% of the portfolio. It was sold last quarter at prices ranging from $62.50 to $70, depending upon when in the three-month period Pershing Square sold the shares.
In the daily bar chart of NKE, below, we can see that most of our favorite indicators are aligned on the upside. The daily On-Balance-Volume (OBV) line has been flat/neutral the past three months but the line is not far from making a new high for the move up. The trend-following Moving Average Convergence Divergence (MACD) oscillator has been above the zero line since early April and remains in a bullish configuration.
The sports apparel and shoe giant says it's committed to new training for managers, revamping its pay and promotions system, and encouraging leadership training.
The first quarter of 2018 has been solid regarding profits. They grew by almost 26% — the best Q1 return in eight years. Unfortunately, investors aren’t buying any of the good news, and that’s especially true of consumer stocks, which are getting hammered year to date.
The majority of readers said Parker has done enough, but only by a small margin.
There may be a few lingering reports yet to surface, but with 83% of the S&P 500’s constituents having posted their first quarter numbers, earnings season is more or less over. The S&P 500 index ‘earned’ $37.06 per share, up 28% from year-ago levels thanks to a healthy improvement from the energy sector, driven by rising oil prices. Context is everything, and the most interesting aspects of the now-winding-down earnings season are its under performers and overachievers.
On a mild Thursday night at the Los Angeles Forum, Nike's public relations
Over the past two months Nike has seen a spate of high-level executive departures. * The Wall Street Journal first reports Nike is investigating complaints of workplace behaviour and says Nike is conducting a review of the company's human-resources practices. * The company says Nike brand president Trevor Edwards has resigned, but also says it is not related to the probe.
Sometimes, companies find themselves on the wrong side of a secular trend. Usually when that happens, even the most powerful companies can be crippled. Indeed, it isn’t out of the norm for a company stuck on the wrong side of a secular trend to entirely disappear.
Brushing fundamentals aside, Yahoo Finance's Jen Rogers and Jared Blikre break down the bullish (and bearish) cases in SPDR® S&P® Retail ETF (XRT), which tracks: Guess? Inc. Tailored Brands Inc. DSW Inc. Class A Finish Line Inc. Class A Hibbett Sports Inc. Chico's FAS Inc. Express Inc. Buckle Inc. Ulta Beauty Inc Abercrombie & Fitch Co. Class A Rent-A-Center Inc Urban Outfitters Inc. Ollie's Bargain Outlet Holdings Inc American Eagle Outfitters Inc. Macy's Inc TripAdvisor Inc. Genesco Inc. Dollar General Corporation Burlington Stores Inc. Shutterfly Inc. Groupon Inc. Five Below Inc. Tractor Supply Company Ross Stores Inc. O'Reilly Automotive Inc. SUPERVALU INC. Target Corporation Best Buy Co. Inc. CarMax Inc. Costco Wholesale Corporation Monro Inc Foot Locker Inc. Kroger Co. TJX Companies Inc Expedia Group Inc. Dick's Sporting Goods Inc. Kohl's Corporation Rite Aid Corporation Tiffany & Co. Penske Automotive Group Inc. Nordstrom Inc. Nutrisystem Inc. Dollar Tree Inc. Asbury Automotive Group Inc. Amazon.com Inc. Children's Place Inc. Advance Auto Parts Inc. Office Depot Inc. Netflix Inc. Liberty Expedia Holdings Inc Class A Wayfair Inc. Class A AutoZone Inc. Walmart Inc. Booking Holdings Inc. Gap Inc. Group 1 Automotive Inc. CVS Health Corporation PriceSmart Inc. J. C. Penney Company Inc. Walgreens Boots Alliance Inc Lithia Motors Inc. Class A Casey's General Stores Inc. AutoNation Inc. Murphy USA Inc. Big Lots Inc. Sprouts Farmers Markets Inc. Sally Beauty Holdings Inc. GameStop Corp. Class A Michaels Companies Inc Dillard's Inc. Class A Caleres Inc. L Brands Inc. Qurate Retail Inc. Class A Signet Jewelers Limited PetMed Express Inc. Conn's Inc. Party City Holdco Inc. National Vision Holdings Inc. Liberty TripAdvisor Holdings Inc Class A Overstock.com Inc. Camping World Holdings Inc. Class A MarineMax Inc. Sonic Automotive Inc. Class A Weis Markets Inc. Ingles Markets Incorporated Class A
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after Macy's reported first quarter 2018 earnings, which beat Wall Street expectations on profit and revenue, and also raised full year guidance.
Nike is facing an exodus of top executives as the company faces discrimination complaints. Yahoo Finance’s Alexis Christoforous speaks with Liz Dunn, CEO of Pro4ma.