Why Nike Stock Got Tripped Up Today
Shares of Nike (NYSE: NKE) fell Friday morning after the sportswear giant delivered another disappointing set of results in its fiscal 2025 third-quarter earnings report Thursday afternoon. Revenue declined, and the company warned that tariffs could slow its recovery, adding to investors' doubts about its turnaround prospects. As a result, the stock was down 5.3% as of noon ET.
Image source: Getty Images.
In the period, which ended Feb. 28, Nike's revenue fell by 9%, or 7% on a currency-neutral basis, to $11.3 billion, though that beat the consensus estimate of $11.03 billion.
Source Fool.com
Nike Inc. B Aktie
56,15 €
0,27 %
Die Nike Inc. B Aktie in der Gunst der Community: Nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 73 € für Nike Inc. B bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 56.15 €.
