Nike, Inc. Common Stock (NKE)

Contract logistics company GXO (NYSE:GXO) announced better-than-expected revenue in Q1 CY2025, with sales up 21.2% year on year to $2.98 billion. On the other hand, next quarter’s revenue guidance of $2.97 billion was less impressive, coming in 2.6% below analysts’ estimates. Its non-GAAP profit of $0.29 per share was 14.5% above analysts’ consensus estimates.

The company has struggled in recent years due to a miscalculated shift away from multi-brand retailers and rising competition from emerging brands.

The Dow Jones (^DJI) is made up of 30 of the most established and influential companies in the market. But even blue-chip stocks can struggle - some are dealing with slowing growth, outdated business models, or increasing competition.

Nike Inc. (NYSE:NKE) sees leadership changes as Heidi O'Neill retires after 26 years. New CEO Elliott Hill restructures leadership to align with Nike's "Win Now" strategy. Despite the overhaul, analysts expect ongoing challenges, cutting the price target to $70.

Leading American footwear companies, Nike, Adidas, Skechers, and others have approached President Donald Trump, seeking an exemption from tariffs.

Toy manufacturing and entertainment company (NASDAQ:MAT) will be reporting results tomorrow after market hours. Here’s what to expect.

The sportswear giant maintained a $0.40 quarterly dividend, which will be paid out on July 1.

Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies.

Most consumer discretionary businesses succeed or fail based on the broader economy. This sensitive demand profile can cause discretionary stocks to plummet when macro uncertainty enters the fray, and over the past six months, the industry has shed 8.3%. This drawdown was worse than the S&P 500’s 2% loss.

Huang also stated that Chinese tech giant Huawei is one of the most formidable technology companies in the world.

A contraction in the U.S. first-quarter GDP, which dragged benchmark indices on Wednesday, also appears to have weighed on Nike shares.

Nike stock receives downgrade as Wells Fargo revises retail targets based on recession expectations. Levi Strauss avoids China impact.