Nike is downgraded from hold to sell due to unsustainable dividends, margin compression, and overvaluation. Despite a 1% revenue increase and North American strength, NKE's net income fell 32% and ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

Shares fell to about $58 before the opening bell on Friday, down from a prior close near $65, as investors digested a sharp earnings decline and continued margin pressure tied to tariffs, inventory ...

Nike reported second-quarter financial results for fiscal 2026. The company surpassed analysts' top- and bottom-line expectations. Nike's 'Win Now' initiative aims to return the company to growth mode ...

It has been two years since Phoenix Suns shooting guard Devin Booker's first signature Nike basketball shoe launched in extremely limited numbers at Art Basel. After dropping in every style imaginable ...

Nike's NIL collective will feature 10 LSU athletes (pictured) across six sports. Courtesy of Nike Nike is expanding its footprint in the name, image and likeness space. The renowned footwear and ...

Nike on Tuesday announced a series of leadership changes designed to accelerate decision making as Chief Executive Officer Elliott Hill enters the second year of a corporate reboot. The moves include ...

Nike has surrendered its running shoe dominance to competitors like Hoka and On as the sportswear giant lost focus on performance innovation. CEO Elliott Hill is overhauling Nike’s running division ...

Nike has taken a bold step into the future with Project Amplify, the world's first motor-powered footwear system made for people who love to move. Created with robotics partner Dephy, the design ...

Nike has shown off an intriguing new sneaker that it claims is the “world’s first powered footwear system.” The project, dubbed “Project Amplify,” is essentially an exoskeleton for your lower leg and ...

Project Amplify is Nike’s latest attempt to put some spring in your step with help from a powered mechanism that enhances the natural movement of the human ankle and lower leg. Or, you can strap on ...

Forbes contributors publish independent expert analyses and insights. Tim Newcomb covers tennis gear/business, stadiums and shoe tech. Nike’s latest slate of technologies spans powered footwear to a ...