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Posts Tagged ‘NIKE’

Under Armour Soars on Third Quarter Results but Nike is Still a Threat

Sport apparel company Under Armour was seeing its shares pop after the company reported third quarter results. Under Armour was up nearly 25% after reporting third quarter revenue of $1.443 billion while analysts were expecting $1.41 billion. Net income for the quarter also jumped 40% to hit $75.3 million, or 17 cents a share. Earnings…

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Nike’s CEO Mark Parker is Very Proud of the Colin Kaepernick Ad

Despite no NFL teams showing any interest in signing Colin Kaepernick, he still seems to be doing alright in the fame department. Colin Kaepernick, along with other athletes such as Serena Williams and Lebron James, have been featured in Nike’s 30th anniversary “Just Do It” campaign. The campaign, though controversial, has helped Nike see big…

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Expected Earnings Reports for Tuesday 9/25

Upcoming earnings reports

There are a bunch of earnings reports coming out this week for many different stocks on the market.  We’ve sifted through them and picked a few that caught our attention: FactSet Research Systems Inc. (NYSE:FDS) FactSet Research is a tech company mainly involved in the development and deployment of investment and financial related software tools…

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Nike Faces Extreme Backlash Over Putting Colin Kaepernick in Campaign

To celebrate Nike’s (NASDAQ:NKE) 30th anniversary ‘Just Do It’ campaign, the sport apparel retailer has added several athletes to an ad campaign which includes Colin Kaepernick. Many did not take the news too well and started burning their Nike apparel. Kaepernick may be a free agent now, but he was the first football player to…

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Foot Locker Shares Suffer Worst Day in a Year

Shares of American sportswear and footwear retailer fell as much as 12% after the company reported worse than expected sales for its last quarter. The drop made it the worst trading day for the company in a year. For the second quarter, Foot Locker revealed 75 cents for earnings per share, coming in five cents…

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